Differences with Congress on GST have narrowed down: Finance Minister Arun Jaitley

NEW DELHI: Arun Jaitley said differences with the Congress on the goods and services tax bill have narrowed down and announced that he and his Cabinet colleague M Venkaiah Naidu will reach out to the main opposition to iron out the contentious issues.

“Venkaiah Naidu and I will make more efforts with the Congress. I see the differences narrowing down,” Jaitley said at a press interaction on the fate of the GST and the Bankruptcy Code bills.

FM Defends Decrease in PPF Rates Jaitley defended the decrease in interest rates on Public Provident Fund and Kisan Vikas Patra, saying the 8.1% taxfree interest on PPF is the highest in the world.

Like the petroleum prices, the interest rates of government securities would also have to be linked to the market and would be revised every quarter, he added.