The Union Cabinet cleared a proposal to convert this into govt entity. – InterviewSolution

InterviewSolution

1.	The Union Cabinet cleared a proposal to convert this into govt entity.
Answer» The Union Cabinet cleared a proposal to convert GST Network (GSTN) into a 100% government-owned company. GSTN provides IT infrastructure for the new indirect tax regime. After restructuring of GSTN, ownership will be equally divided between the Centre and states. Currently, the Centre and states together hold 49% stake in the GST Network.

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