Zee Media Bureau
New Delhi: All states are in favour of early roll-out of Goods and Service Tax (GST), Finance Minister Arun Jaitley said on Friday.
A constitutional amendment bill for roll out of the new indirect tax regime was introduced in just concluded Winter Session after Centre and state governments reached a consensus on GST.
He further said that the government will consider suggestions given by state finance
ministers while making policies.
Finance Minister Arun Jaitley today met state finance ministers to elicit their views on the forthcoming Budget to be presented in Lok Sabha in February-end.
He will be presenting the first full fledged budget of the Narendra Modi-led government in February.
Last year, the then Finance Minister P Chidambaram had brought an interim budget in February for the fiscal 2014-15 and later in July, Jaitley presented a regular one.
Jaitley will hold pre-budget discussions with industry and trade groups on January 6, followed by agriculture sector on January 7 and social sector the next day.
He would seek views of trade unions on January 10, and of economists on January 13, sources said.
The Finance Minister would meet IT groups on January 14 and banks and financial institutions on the following day.
The customary pre-Budget consultations are considered important as it helps government in formulating policies.
With agency inputs
