Union Finance Minister Nirmala Sitharaman led pre-budget consultations with State Finance Ministers on June 22 for the upcoming Union Budget 2024-25, gathering suggestions and insights. These meetings follow earlier consultations with economists, industry bodies, and financial experts to shape policy priorities. Concurrently, Sitharaman also chaired the 53rd Goods and Services Tax (GST) Council Meeting, marking the first session under the new government. The council deliberates on GST-related issues such as tax rates and administrative reforms, critical for shaping India’s indirect tax landscape.
India Prepares for Union Budget 2024-25 and GST Council Meeting
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