GST - KM Mani - New Chairman of Empowered Committee of State Finance Ministers
Legal Corner Icon — the image was hosted by the publisher and was not captured.Mr. KM Mani, Minister of Finance, Law and Housing, Kerala, has been selected as the new Chairman of the Empowered Committee of State Finance Ministers.
The Empowered Committee of State Finance Ministers was headed by Abdul Rahim Rather, who was the Finance Minister of Jammu and Kashmir, who lost his post after the recent elections. Kindly read 'GST suffers a set back…well almost!' - DDT 2503
Mani is the senior most Finance Minister and legislator in India. He has been an MLA for the last 50 years without a break and he has presented more than 10 budgets. In fact he is so identified with budgets that the Cochin University has a centre named after him - KM Mani Centre for Budget Studies.
The Union Finance Minister said yesterday that the GST Bill was likely to be passed in Parliament in the second half of the budget session.
Will GST come during Mani's tenure? The 82 year old Finance Minister is not in the best of political health in his home state.