GST Council to finalise new ownership of GSTN on May 4

The GST Council headed by Finance Minister Arun Jaitley on May 4 will finalise the new shareholding pattern of the IT backbone GST Network (GSTN) as the government plans to obtain a majority stake in the company. The Council—a constitutional body for making recommendations to the Centre and states on issues related to Goods and Service Tax (GST)—will take crucial policy-related decisions in a meet…