FM Nirmala Sitharaman to chair 43rd GST Council meeting today: All you need to know

The 43rd GST Council is crucial as some key discussions and decisions are expected regarding GST on Covid-related medical equipment, drugs and vaccines. States will also raise a demand for extension of compensation for five years. Here is all you need to know.

Finance Minister Nirmala Sitharaman is all set to chair the 43rd GST Council meeting on Friday after a gap of over seven months. The last GST Council meeting was held in October last year even though the Council is required to meet once every quarter. The meeting is crucial as many key decisions are on the cards — some of which will directly impact India’s fight against Covid-19 during the second wave.