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Jaitley Hopes Congress Is 'Flexible And Rational' About Passing GST

Jaitley Hopes Congress Is 'Flexible And Rational' About Passing GST
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World Economic Forum/Flickr
Arun Jaitley, Minister of Finance, Corporate Affairs and Defence of India at the World Economic Forum - India Economic Summit 2014 in New Delhi, Copyright by World Economic Forum / Benedikt von Loebell

NEW DELHI -- Finance Minister Arun Jaitley said on Saturday he hoped the opposition Congress party will come round to backing a proposed Goods and Services Tax (GST) that it has opposed despite being the first to propose the reform.

"I hope they are flexible and see the rationale behind passing GST," Jaitley said in an interview at the Economic Times Global Business Summit.

Jaitley reiterated a reassurances that India would not pursue foreign companies with new retroactive tax claims, adding that he would like to see the few remaining disputes resolved "as expeditiously as possible."

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Taj Mahal Through The Years
(01 of12)
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A view of the Taj Mahal, Agra, February, 1954 (credit:Photodivision.gov.in)
(02 of12)
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Scafoflding (of Salwood-thick bamboos locally known as ballies), erected round the main dome of the Taj ofr examination and repairs (credit:Photodivision.gov.in)
(03 of12)
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Visit of Rt. Hon ble Mr. and Mrs. Holyoake Dy. Prime Minister of New Zealand’s to Darbarekhas, Fatehpur Sikri during their visit to India in December 5, 1955. (credit:Photodivision.gov.in)
(04 of12)
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The members of the Ceylon Parliamentary Delegation visited the Taj Mahal, Agra, during their visit in March, 1954. (credit:Photodivision.gov.in)
(05 of12)
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Mr. Eugene R. Black, President of the International Bank for Reconstruction and Development with Mrs. Black, Mr. B.K. Nehru, India’s Executive Director on the Bank and others inside the Taj Mahal, Agra which he visited on February 13, 1952. (credit:Photodivision.gov.in)
(06 of12)
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Some members of the Iraqi & Turkish Women’s Goodwill Missions to India photographed with others on the lawns of the Taj Mahal at Agra, during the visit of the Mission to the monument on April 6, 1952. (credit:Photodivision.gov.in)
(07 of12)
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H.M. the King of Afghanistan looking through the mirror from Agra Fort, the reflection of the Taj Mahal, during his visit to Agra on February 18, 1958. (credit:Photodivision.gov.in)
(08 of12)
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Eleanor Roosevelt going round the Taj Mahal at Agra, which she visited on March 12, 1952. (credit:Photodivision.gov.in)
(09 of12)
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Three Apollo-17 astronauts, EA Cernan, RE Evans and HH Schmitt left New Delhi on June 21, 1973 for Singapore after their two day visit to India. (credit:Photodivision.gov.in)
(10 of12)
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Iranian Press Delegation members at the Taj Mahal, Agra on January 27, 1953. (credit:Photodivision.gov.in)
(11 of12)
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The President of Argentina, Mr. Raul Alfonsin visited Taj Mahal on Agra (UP) on January 27, 1985. (credit:Photodivision.gov.in)
(12 of12)
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Two members of the Iraqi Women's Goodwill Mission photographed admiring the marble screens inside the Taj Mahal at Agra (credit:Photodivision.gov.in)
-- This article exists as part of the online archive for HuffPost India, which closed in 2020. Some features are no longer enabled. If you have questions or concerns about this article, please contact indiasupport@huffpost.com.