Blog Post

GSTN ownership change

The Union Cabinet has approved increasing of government ownership in Goods and Services Tax Network (GSTN) and change in the existing structure with transitional plan. Accordingly, the government has acquired entire 51% equity held by the Non-Government Institutions in GSTN for equally dividing among the Centre and the State Governments, and allowing GSTN board to initiate the process for acquisition of equity held by private companies.

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