associate sponsors


Bihar Assembly passed the GST bill after CM Nitish Kumar highlights its benifits

Patna: Bihar Assembly on Tuesday ratified the Constitution Amendment Bill on GST after Chief Minister Nitish Kumar highlighted its benefits.

While speaking in the Assembly, Kumar said there were lots of benefits of the GST.

File image of Nitish Kumar. Reuters

File image of Nitish Kumar. Reuters

Kumar, who is also National President of JD(U), said that his party was in favour of the GST Bill from th beginning and has already conveyed this to Union Finance Minister Arun Jaitley during a meeting with him recently

CPI(ML) MLA opposed the Bill and staged a walk out from the House. With JD(U), RJD, Congress and BJP in favour of GST, the legislation was passed in Bihar.

Bihar is first non-NDA govt to pass GST following its ratification by the BJP-ruled Assam last Friday. The Constitution (122nd Amendment) Bill, 2014 on GST has already been passed by Lok Sabha and Rajya Sabha.

The GST Bill, seen as single biggest tax reform in a long time, needs to be ratified by at least 15 state legislatures before the President can notify the GST Council which will decide the new tax rate and other issues.

The central government has set a deadline of April, 2017 for its rollout.

Updated Date: Aug 16, 2016 15:37 PM

Also Watch

Watch: The true stories from Dharavi that inspired Rajinikanth's Kaala
  • Thursday, March 8, 2018 Watch: Cyrus Khan talks about Parkour, jumping across walls and why he hates sitting
  • Thursday, May 31, 2018 Unwind: India's basketball sensation Amjyot Singh has his eyes set on becoming an NBA regular
  • Monday, May 28, 2018 First Day First Showsha — Review of Solo: A Star Wars Story in 10 questions
  • Saturday, May 19, 2018 Social Media Star: Rajkummar Rao and Bhuvan Bam open up about selfie culture, online trolls

Also See