top button
Flag Notify
    Connect to us
      Facebook Login
      Site Registration Why to Join

Facebook Login
Site Registration

What is the Combined Stake of Central and State Government in GSTN?

+1 vote
45 views
What is the Combined Stake of Central and State Government in GSTN?
posted Jan 15 by Naveen Kumar

Share this question
Facebook Share Button Twitter Share Button Google+ Share Button LinkedIn Share Button Multiple Social Share Button

1 Answer

0 votes

Composition of Goods and Services Tax Network (GSTN) — a private company tasked with creating Information Technology infrastructure for the tax — is currently being considered to ensure that the central government has a major stake in it.

The government of India currently has 24.5 per cent stake in GSTN while state governments together hold another 24.5 per cent. The remaining 51 per cent remains with non-government financial institutions, like HDFC Bank, ICICI Bank and LIC Housing Finance.

answer Jan 16 by Divya Shree
Contact Us
+91 9880187415
sales@queryhome.net
support@queryhome.net
#280, 3rd floor, 5th Main
6th Sector, HSR Layout
Bangalore-560102
Karnataka INDIA.
QUERY HOME
...