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2 mins read
Centre releases ₹17,000 cr as GST compensation to States/UTs
Goods and Services Tax was introduced in the country with effect from July 1, 2017 and states were …
ANI
3 mins read
States not choosing GST compensation options by October will have wait another two years
The sources said that such states will have to wait till June 2022 to get compensation dues, sub…
2 mins read
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…
2 mins read
GST Council likely to approve two-year extension of compensation cess levy
As the Council is likely to adopt the compensation formula suggested by t he Centre in the dif…
4 mins read
GST Council meet on Thursday to figure out how states will be compensated for delays in payment
"The Council will meet tomorrow with a single-point agenda to discuss the compensation cess. A…
2 mins read
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…
2 mins read
GST compensation deadlock continues — government to release ₹20,000 crore cess tonight and offers relief for small companies
The 42nd meeting of the GST Council led by Finance Minister Nirmala Sitharaman stretched over seven…
2 mins read
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…
1 min read
Opposition-ruled states meet FM over delay in GST compensation
New Delhi, Dec 4 () Finance ministers and representatives of opposition-ruled states on Wednesday m…
PTI
1 min read
Rs 81,043 cr GST compensation released to states for Apr-Sep: Thakur
For 2018-19 fiscal, the net collection of GST compensation cess stood at Rs 95,081 crore as against…
PTI
3 mins read
Under fire, govt releases Rs 35,298 cr GST compensation to states
According to Sitharaman, during the current fiscal year that began in April 2019, cess collections…
PTI
3 mins read
Five state finance ministers lash out at Centre over delay in GST compensation
New Delhi, Nov 20 () Five opposition-ruled states on Wednesday hit out at the Centre over delays in…
PTI
2 mins read
GST compensation fund likely to fall short by Rs 25,000 cr in current fiscal: Icra
Based on the trends in the cess collected and the amount of GST compensation released to the state…
PTI
2 mins read
GST compensation required by 9 large states could double to Rs 70,000 cr in FY'20: ICRA
The timing of release of such grants by the Government of India (GoI) to these states would critic…
PTI
1 min read
GST Council sets threshold limit at Rs 20 lakh; GST rate to be decided in October
The final drafting of rules on granting exemptions will be held in next meeting on September 30 wil…
2 mins read
Centre to release another Rs 35,000 cr compensation to states soon
During July 2017-March 2018 Rs 48,785 crore was released, while between April 2018-March 2019, Rs 8…
PTI
1 min read
Interstate bus services from Himachal Pradesh to resume from October 14
Only non-AC HRTC buses will ply on these interstate routes, including during night hours, in v…
3 mins read
GST Council to meet on Wed amidst talk of rate hike to meet revenue shortfall
New Delhi, Dec 17 () The GST Council will meet on Wednesday to review the taxation structure for sh…
PTI
1 min read
Eco Advisory Council of Fin Comm discusses GST stabilisation, tax collection issues
New Delhi, Dec 16 () Economic Advisory Council of the Fifteenth Finance Commission on Monday discus…
PTI
3 mins read
Finance Minister & the other brains behind the Union Budget who are burning the midnight oil
As the day for the presentation of Union Budget 2023-24 nears, Finance Minister Nirmala Sitharaman …