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.
किस संविधान संशोधन ने संसद में महिलाओं के आरक्षण का प्रस्ताव रखा?
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View Questionराष्ट्रपति द्वारा पारित विधेयकों को चुनौती देने की अंतिम तिथि किस अनुच्छेद में दी गई है?
View Questionप्रधानमंत्री का कार्यकाल कितने वर्षों का होता है?
View Questionसंसद के अध्यक्ष को किस नाम से जाना जाता है?
View QuestionWhat is the minimum age required to become the President of India?
View Questionभारतीय संसद में सर्वोच्च विधायी प्राधिकारी कौन है?
View Questionकिस अनुच्छेद के तहत नागरिकों को वर्गीय भेदभाव से सुरक्षा मिलती है?
View QuestionWhat is the maximum strength of the Rajya Sabha?
View QuestionWho has the authority to remove the Vice President of India from office?
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