Since being elected as the Finance Minister, Nirmala Sitharaman, will for the first time chair the 35th GST Council meet, where she like the erstwhile FM will aim to make consensus-based decisions. And in its aim, the Union minister in the forenoon is slated to meet State Finance Ministers and the meeting will begin later in the afternoon.
In its 35th meeting, the Council is likely to discuss on measures for improving compliance by businesses as well as traders and cut back on tax evasion practice through the incorporation of technology.
No big rate cut plan is on the anvil. And the council will also decide on the implementation of the new GST return forms.
Also, the new finance minister has called for suggestions for the Union Budget 2019-20 to make it a broad-based one.