The Empowered Committee of State Finance Ministers was originally set up on 17th July, 2000 by the Government of India. Later on, it registered under Societies Registration Act in 2004. 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 are the members of the Empowered Committee. Detailed information about the Value Added Tax, VAT Act, White paper, phasing out of CST etc. is given. Information about the goods and services tax is...