CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who is the Empowered Committee of State Finance Ministers on Goods and Services Tax of West Bengal on 19 February 2016
A
Amit Mitra
B
KM Mani
C
Amit Gupta
D
Gupata
Explanation: 

Detailed explanation-1: -All the Ministers in charge of Finance/Taxation of all State Governments and Union Territories with legislatures, Additional Secretary (Revenue), Government of India and Member Secretary, Empowered Committee are the members of the Empowered Committee.

Detailed explanation-2: -The chairman of the GST Council of India is the Union Finance Minister Nirmala Sitharaman. The GST Council is a joint forum of the Center and the States, established by the President in accordance with Article 279A(1). The governing body of GST is the GST Council.

Detailed explanation-3: -1. An Empowered Committee has been constituted by the Ministry of Power under the chairmanship of Member, CERC. The Other Members of the Committee are Member (Power System) and Member (E&C) from the CEA, representative from the Planning Commission, the CTU and two experts from the power sector.

Detailed explanation-4: -Vajpayee set up a committee headed by the Finance Minister of West Bengal, Asim Dasgupta to design a GST model. The Asim Dasgupta committee which was also tasked with putting in place the back-end technology and logistics (later came to be known as the GST Network, or GSTN, in 2015).

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