Subject: Polity
Book: Indian Polity by M. Laxmikanth
A constitutional body formed under Article 279A following the 101st Amendment, unifying India’s indirect tax system under GST. Composed of the Union Finance Minister (Chair) and state Finance Ministers, the Council decides tax slabs, exemptions, and policy changes collaboratively. Decisions require a three-fourths majority vote, with the center having one-third weightage and states two-thirds. GST replaced multiple taxes (VAT, excise, service tax), simplifying trade, but challenges include revenue shortfalls in some states. The Council fosters cooperative federalism, as both center and states must align on reforms. Understanding its functioning is key to grasping India’s largest tax overhaul that impacts governance and fiscal health nationwide.
संविधान संशोधन की प्रक्रिया में राज्यसभाओं का समर्थन कितने प्रतिशत से अधिक होना चाहिए?
View Questionभारतीय संविधान में मौलिक कर्तव्यों का प्रावधान किस अनुच्छेद में है?
View QuestionWhich article of the Indian Constitution deals with the official language of the Union?
View Questionसूचना का अधिकार किस अधिनियम के अंतर्गत आता है?
View QuestionWho among the following is the ex-officio Chairman of the National Human Rights Commission of India?
View Questionसंसद के अध्यक्ष को किस नाम से जाना जाता है?
View QuestionWho is responsible for the selection of the judges of the Supreme Court?
View QuestionWhich article of the Indian Constitution guarantees the right to life and personal liberty?
View Questionकार्यपालिका के प्रमुख की नियुक्ति में किसका निर्णय अंतिम होता है?
View QuestionWhat is the minimum number of members in the Lok Sabha?
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