Cabinet approves proposal to convert GSTN into Govt. entity

Union Cabinet approves proposal to convert Goods and Services Tax Network (GSTN) into a 100% Govt. owned entity; Approves acquisition of entire 51% equity held by non-Govt. institutions in GSTN equally between Centre and State Governments; Restructured GSTN to have equity structure between Centre (50%) and State (50%); Allows GSTN Board to initiate process for acquisition for equity held by private companies and change the existing composition of its Board : Press Releas...