Kerala Finance Minister KM Mani was appointed as the Chairman of the Empowered Committee of State Finance Ministers on Goods and Services Tax (GST) by the Union Finance Ministry on 24 March 2015.
The post was vacant since the former Jammu and Kashmir (J&K) Finance Minister Abdul Rahim quit the position after the defeat of National Conference in the J&K Assembly elections held in December 2014.
Mani has been a member of the Kerala Legislature consecutively for the last 50 years and holds the record of presenting the largest number of state budgets. He presented his thirteenth budget in the Kerala Assembly on 13 March 2015.
GST is intended to be implemented from 01 April 2016 as announced by the Union Finance Minister Arun Jaitley in his 2015-16 budget speech. The Constitution (122nd Amendment) (GST) Bill, 2014 has been pending in the Lok Sabha since December 2014.
About Empowered Committee of State Finance Ministers
The Empowered Committee of State Finance Ministers was originally set up on 17 July 2000 by the Union Government. In 2004, it was registered under Societies Registration Act, 1860.
The members of the Empowered Committee are all the Ministers in charge of Finance/Taxation of all State Governments and Union Territories with legislatures, Additional Secretary (Revenue), Government of India and Member Secretary, Empowered Committee.
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