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Telangana urges 16th Finance Commission to increase states' share in Central taxes to 50%

He, however, said it is not just a demand for Telangana but for all states, ensuring a more coopera…

PTI   


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Pre-budget meeting: TN for unconditional borrowings of 5 per cent GSDP for FY 2022-23 owing to COVID-19

Chennai, Dec 30 (PTI): With the States incurring huge expenditure to combat the COVID-19 pandemic w…

PTI   


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Indian green power generators are gaining from more takers & timely payments

India’s green power generators have been gaining from increased payment discipline amongst state di…

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Kerala government caps treasury payments in the wake of fund shortage

In its directive to the Treasuries Director, the Department asked for the reduction of the ways and…

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Telangana govt presents tax-free budget for 2021-22, proposes over Rs 2.30 lakh crore expenditure

It proposed a new scheme "CM Dalit Empowerment Programme", with an allocation of Rs 1,000 crore, be…

PTI   


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Pondy CM presents tax free budget for 2021-22, announces waiver of crop loans

Puducherry, Aug 26 (PTI) Puducherry Chief Minister N Rangasamy on Thursday presented a tax-free bud…

PTI   


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K'taka Budget: No burden of additional taxes on common people, says CM Yediyurappa

The Chief Minister said, the Gross State Domestic Product (GSDP) has seen a fall due to lockdown fo…

PTI   


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States GDP to contract 1.4-14.3 per cent in FY21: Report

Although the lockdown is going to adversely impact the revenue performance of all the states, the …

PTI   


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Government allows 20 states to meet GST compensation shortfall through open market borrowing

Even with consensus eluding the GST Council meeting on Monday over adoption of borrowing option to …

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These Indian states have seen the worst economic impact due to the COVID-19 pandemic

The coronavirus lockdown hasn’t been easy on India or its 29 states and seven union territories (UT…

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Union Budget is forward looking and growth oriented: Karnataka CM Bommai

Regarding the proposal for interlinking of rivers, in response to a question, he said, "any project…

PTI   


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Government's new GST compensation formula may raise unconditional borrowing limit by 0.5%

Government sources said that the unconditional borrowing limit for states could be raised by ano…

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All 28 states and three union territories decided to go for Centre's GST compensation formula

All the 28 states and three union territories with legislature have decided to go for the Centre-su…

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8th weekly instalment of ₹6,000 crore released to states meet the GST compensation shortfall

Ministry of Finance has released the 8th weekly instalment of ₹6,000 crore to the states to meet th…

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Jharkhand is the only state holding out against the Indian government's suggested formula on GST compensation

With Chhattisgarh communicating its acceptance of Option-1 to meet the revenue shortfall arising ou…

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Goa, Haryana, Kerala, and Telangana among nine states eligible to borrow another ₹23,523 crore having completed PDS reforms

The Centre has granted permission of reform-linked borrowing worth Rs 23,523 crore to nine states.

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FY21 GDP contraction already crosses 6.8%: SBI Ecowrap

New Delhi, Aug 17 (IANS) India's FY21 GDP contraction has already crossed the (-) 6.8 per cent mark…

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Delhi govt budget 2021-22 aims at raising per capita income at par with Singapore by 2047

"Under previous governments in Delhi, establishment costs used to be around 70-80 per cent. In our …

PTI   


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Mizoram CM presents Rs 10,081 crore budget for FY21

Presenting the annual budget and supplementary demandsin the House, he said the government gives pr…

PTI