Current Affairs Government Schemes

Sushil Modi-Led GoM To Examine Modalities For ‘Calamity Tax’ Under GST

Category : Government Schemes

 The Government constituted a seven-member ministerial panel headed by Bihar Deputy Chief Minister Sushil Modi to examine modalities for revenue mobilisation in case of natural calamities and disasters. The panel would look into five issues flagged by the Council, including whether the new tax should be levied only in the state concerned or should it be an all-India levy, and that should it be on specified luxury or sin goods only.
Source- The Times of India


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