Current Affairs Government Schemes

Sushil Modi To Head Committee On GST Revenue Shortfall Faced By States

Category : Government Schemes

 Bihar Deputy Chief Minister Sushil Modi will head the 7-member committee to look into revenue shortfall being faced by the states after the GST roll-out and suggest steps foraugmenting collections. The GST Council, headed by Finance Minister Arun Jaitley and comprising state ministers, had on December 22, 2018, decided to set up a group of ministers (GoM) toanalyze reasons for the shortfall in revenue collections by the states since July 2017. It would also look into structural patterns of major sectors of the economy impacting revenue collection, including the services sector.
Source: News On AIR

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