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India vows to launch major tax reform on schedule

Arun Jaitley says the government is determined to launch a landmark national sales tax on schedule, after parliament shut down without passing the billIndia’s Finance Minister Arun Jaitley said Thursday his government was determined to launch a landmark national sales tax on schedule, just hours after a chaos-hit parliament shut down without passing the bill. Jaitley left open the option of reconvening the just-ended session of parliament to push through the long-awaited bill, one of the biggest economic reforms in decades aimed at boosting growth. “We are determined that it be implemented on April 1,” Jaitley told reporters in New Delhi, referring to the government’s deadline to implement the Goods and Services Tax (GST) next year.

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