The GST Council, chaired by the Union Finance Minister, is the apex decision-making body for GST in India, responsible for recommendations on tax rates, structure, and administration.
The Chairman of the GST Council is
Asked in Lower Subordinate Service Examination 2021 · Topic: The Finance Commission (Role in fiscal federalism and Union-State financial relations)
More Indian Polity and Governance questions
- Recommendations for the 14th Finance Commission are valid from
- National Disaster Reserve Fund is the result of
- The recommendations of the 13th Finance Commission have become operational for the period
- According to the 15th Finance Commission's recommendations, how much share will Bihar receive in divisible pool of Central taxes from 2021-26?
- The 15th Finance Commission recommended Grants-in-Aid fall into five broad categories. Which of the following is NOT in the said categories?
- Grants to Local Governments (Rural and Urban). 3. Grants for Disaster Management. 4. Sector- specific grants (e.g., for health, education, agriculture, rural roads). 5. State-specific grants. - "Non- Specific Grants" is not a distinct, widely recognized category in the same way as the others. Grants are generally categorized based on purpose (sectoral, disaster) or recipient level (local bodies) or fiscal situation (revenue deficit) or state-specific needs. 94. Who is the Chairman of the 15th Finance Commission ?
- The Chairman of the fourteenth Finance Commission in India
- Consider the following statements: 1. The 15th Finance Commission used fiscal effort as a criterion for horizontal devolution unlike the 14th Finance Commission. 2. Both the 14th and the 15th Finance Commission used pre-2011 demographic variables as a criteria for horizontal devolution. Which of the statements given above is/are correct ?