India hopes to pass GST in second part of budget session: Jaitley
A staff member (L) passes a pen to the Finance Minister Arun Jaitley before making the final touches to the budget 2015/16 in New Delhi February 27, 2015.
Wed Mar 25, 2015
(Reuters) - India hopes to pass a national Goods and Services Tax (GST) in the second half of parliament's budget session, Finance Minister Arun Jaitley said on Wednesday.
Parliament's budget session is currently under recess and will resume on April 20.
Investors and manufacturers have long advocated the GST as a way to simplify taxes while broadening the tax base, adding as much as 2 percentage points to economic growth in Asia's third-largest economy.
(Reporting by Manoj Kumar; Editing by Malini Menon)
