Kerala min Mani named GST Empowered Committee chief
27 March 2015 5:19 AM IST
Kerala Finance Minister K M Mani has been appointed as the Chairman of the Empowered Committee of State Finance Ministers on Goods and Services Tax (GST).
The GST, an indirect tax regime, is to be rolled out from April 2016. "Based on wide consultations with all the states and Union Territories, there is general consensus that K M Mani, Minister of Finance, Law and Housing, Kerala, may take over as the new Chairman of the Empowered Committee of State Finance Ministers," a statement by the Union Finance Ministry said on Wednesday.
Earlier on March 20, the GST Empowered Committee met Union Finance Minister Arun Jaitley wherein state Finance Ministers asked him to select the new Chairman.
Although 14 Ministers from the States and Union Territories attended the meeting, a decision could not be taken at that meeting as some Ministers could not attend it due to preoccupation with state budgets. "This is an important development for the implementation of Goods and Services Tax with effect from April 1, 2016," the statement added.
The GST, an indirect tax regime, is to be rolled out from April 2016. "Based on wide consultations with all the states and Union Territories, there is general consensus that K M Mani, Minister of Finance, Law and Housing, Kerala, may take over as the new Chairman of the Empowered Committee of State Finance Ministers," a statement by the Union Finance Ministry said on Wednesday.
Earlier on March 20, the GST Empowered Committee met Union Finance Minister Arun Jaitley wherein state Finance Ministers asked him to select the new Chairman.
Although 14 Ministers from the States and Union Territories attended the meeting, a decision could not be taken at that meeting as some Ministers could not attend it due to preoccupation with state budgets. "This is an important development for the implementation of Goods and Services Tax with effect from April 1, 2016," the statement added.
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