CCPA Fines Shubhra Ranjan IAS Study ₹2 Lakh for Misleading UPSC CSE 2023 Result Claims

The GST Council has approved a recommendation on measures related to IGST settlement. The proposal focuses on improving the settlement mechanism for Integrated Goods and Services Tax (IGST), ensuring that the central and state governments can efficiently settle IGST dues. The settlement process is critical for maintaining the financial equilibrium between the Centre and States under the GST framework. By addressing issues related to the timely and accurate settlement of IGST, the proposal aims to ensure smooth financial operations and reduce discrepancies between the Centre and the states. This recommendation is part of ongoing efforts to improve the GST system’s efficiency and reduce delays in revenue sharing.