India News: The GST Council has taken decisions by consensus, but state finance ministers from opposition-ruled states blame the Centre. The victory in Rajasthan
In its seven-year history, the GST Council has predominantly reached decisions through consensus, but division persists outside the council, particularly with opposition-led states blaming the Centre for challenging choices. The recent victories in Rajasthan and Chhattisgarh boost the confidence of the ruling party and compensate for losses in Karnataka.
Finance Minister Nirmala Sitharaman said in the Lok Sabha that the Goods and Services Tax (GST) collection has consistently increased on an annual basis since its introduction on July 1, 2017. The average monthly GST collection for the current fiscal is Rs 1.66 lakh crore, marking an 11% increase over the same period in the previous financial year
The legislative agenda for the winter session also includes bills to extend provisions of women s reservation act to J&K and Puducherry, and three bills to replace the criminal laws. As per a bulletin issued by the Lok Sabha Secretariat, the government also plans to bring a bill that seeks to increase the strength of J&K assembly from 107 to 114 seats. This move is aimed at ensuring representation for Kashmiri migrants, displaced individuals from Pakistan-occupied Kashmir and Scheduled Tribes.
India Business News: The Madras high court has held that the GST council's role, particularly in product classification, is only recommendatory. In Parle Agro's case, the