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GST COMPENSATION
Ready to flex ethanol muscle, E100 gets road map to cut oil importsIndia is set to boost E100 flex fuel availability with 5,000 dispensing stations planned within two years. This initiative aims to signific...
Vijay's transformation as 'Muthalvan' from 'Thalapathy'Actor-turned-politician Vijay was sworn in as Tamil Nadu Chief Minister after his party TVK defeated the DMK in the 2026 Assembly elections...
SC reviews GST on costs paid to municipal bodiesThe Supreme Court will review if GST applies to companies paying municipal bodies for road restoration after utility work. This follows a G...
Vijay's transformation as 'Muthalvan' from 'Thalapathy'Actor Vijay has made a remarkable leap from cinema to politics. He launched his party, TVK, and has now become Chief Minister in his debut ...
Bombay HC quashes Rs 1,524 crore proposed GST demand on Tata Sons in Docomo arbitration payout caseThe Bombay High Court quashed a Rs 1,524 crore GST demand against Tata Sons, ruling that payments made to NTT Docomo as an arbitration awar...
DGGI officers arrest Kapil Chugh over Rs 1,825 cr GST refund fraudDGGI officers have arrested Kapil Chugh, the alleged mastermind behind an Rs 1,825 crore GST refund fraud. Chugh, who evaded multiple summo...
GST 2.0 Inverted duty structure hurts FMCG, Pharma: Expert flags concernsIndian enterprises are navigating challenges posed by the Goods and Services Tax. The inverted duty scenario is particularly affecting FMCG...
YSRCP flags 'discrepancies' in Andhra borrowings dataAndhra Pradesh opposition leader Botcha Satyanarayana has accused the state government of misleading the Legislative Council. He claims inc...
GST states quo won't do: Post-GST revenue divide widens across IndiaNew CAG data reveals states are diverging in fiscal health post-GST. Some states are effectively building revenue capacity, while others ar...
Raghav Chadha betrayed people's mandate by ignoring state's issues in Parliament: Punjab AAPPunjab AAP leaders accuse Rajya Sabha MP Raghav Chadha of neglecting state issues in Parliament. They claim he failed to raise critical mat...
Piyush Goyal questions Tamil Nadu finances, unveils white paper, attacks DMK over 'family rule'Union Minister Piyush Goyal has sharply criticized the DMK government in Tamil Nadu. He questioned Chief Minister MK Stalin about the state...
Government notifies GST compensation cess extension to March 2026GST Compensation Cess is levied by the Goods and Services Tax (Compensation to States) Act 2017. The object of levying this cess is to comp...
GST compensation for 8 months released to states, Rs 78,704 cr pending: Finance MinistryIn a statement, the ministry said normally, GST compensation for 10 months (April-January) of any financial year is released during that ye...
Opposition-ruled states demand extension of GST compensation regime beyond June 2022The Centre has estimated the shortfall in GST compensation payable to states in the current fiscal year at Rs 2.59 lakh crore, of which abo...
Centre releases Rs 75,000 crore to states as GST compensation"Ministry of Finance has released today Rs 75,000 crore to the States and UTs with Legislature under the back-to-back loan facility in lieu...
Centre to release second tranche of Rs 6,000 crore to states as part of GST compensationThe second tranche was raised at a weighted average yield of 4.42 per cent, the finance ministry said in a statement. "This amount will be ...
States should stand firm, reject Centre's options on GST compensation cess: ChidambaramThe former finance minister said the states should not borrow as the liability to provide Goods and Services Tax (GST) compensation as well...