Current Affairs - National - Discussion

Discussion Forum : National - Latest Current Affairs (Q.No. 6845)

2018-09-30 National

6845.

The Union Cabinet cleared a proposal to convert this into govt entity.

MITRA

GSTN

CINI

EVidyaloka

Answer: Option

Explanation:

The Union Cabinet cleared a proposal to convert GST Network (GSTN) into a 100% government-owned company. GSTN provides IT infrastructure for the new indirect tax regime. After restructuring of GSTN, ownership will be equally divided between the Centre and states. Currently, the Centre and states together hold 49% stake in the GST Network.