On GST, Congress, BJP Spar In Rajya Sabha Over Rules

PUBLISHED ON: August 3, 2016 | Duration: 0 min, 50 sec

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Finance Minister Arun Jaitley and his predecessor P Chidambaram countered each other in Rajya Sabha over whether GST-related bills - the next step in the complex implementation of the new tax regime - should be introduced in Parliament as a finance bill or money bill. The Congress stressed that the next GST proposal must be treated as a finance bill and not a money bill. A finance bill is debated and voted upon by both Houses, a money bill cannot be rejected by the Rajya Sabha, which can only recommend changes.
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