On 14.09.16 , the union cabinet will decide --One is advancing the Union Budget and the other, formation of the all-important the Goods and Services Tax (GST) Council including formation of Secretariat for GST Council..
The Finance Ministry has proposed advancing the Union Budget to January 31 or February 1. Once this is done, the government will throw open the process of discussing the advancement of the Winter Session as well.
Not just this, even the Railway Budget is likely to be merged with the Union Budget.
Apart from the GST Council formation, Secretariat formation will be discussed by the Cabinet in the next session.
Many senior IAS officers including Cabinet Secretary, Finance Secretary, Revenue Secretary , Secretary Commerce etc are making lobby to be the first Secretary of the GST Council. There is a proposal that the tenure of Secretary of GST council will be 5 years, so that the Secretary can work after retirement also.
The Finance Ministry has proposed advancing the Union Budget to January 31 or February 1. Once this is done, the government will throw open the process of discussing the advancement of the Winter Session as well.
Not just this, even the Railway Budget is likely to be merged with the Union Budget.
Apart from the GST Council formation, Secretariat formation will be discussed by the Cabinet in the next session.
Many senior IAS officers including Cabinet Secretary, Finance Secretary, Revenue Secretary , Secretary Commerce etc are making lobby to be the first Secretary of the GST Council. There is a proposal that the tenure of Secretary of GST council will be 5 years, so that the Secretary can work after retirement also.
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