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GST COMPENSATION KERALA
States should get compensation for GST revenue loss; eco growth should benefit all: Kerala FM BalagopalKerala Finance Minister KN Balagopal voiced concerns over potential revenue losses for states due to GST rate rationalization, estimating a...- GST: Siddaramaiah hails consensus reached by eight Opposition-ruled statesTamil Nadu CM MK Stalin cautioned the Centre regarding GST reforms, emphasizing the need to protect states' revenues to sustain welfare pro...
- GST compensation to some states delayed due to lack of AG certificate: Nirmala SitharamanDespite that, Sitharaman said, the Centre has been accused of not releasing the funds on time. She urged Kerala MP N K Premachandran (who a...
- Kerala govt urges Union Finance Minister to extend GST compensation by 5 more yearsIn the letter written by Kerala Finance Minister K N Balagopal, the southern state also urged the Union Minister, who is also the chairpers...
- States demand GST compensation for 5 more years after 2022Rajasthan, Tamil Nadu, Chhattisgarh, Kerala, West Bengal, Delhi backed the demand for an extension of the compensation period.
- States pitch for continuation of GST compensation for another 5 yearsGST compensation to states for revenue shortfall resulting from subsuming of local taxes such as VAT in the uniform national tax, Goods and...
- Many states likely to seek extension of GST compensation beyond 2022Finance minister Nirmala Sitharaman said on Friday that till 2026 compensation cess will be used to pay for back-to-back loans of ₹2.69 lak...
- Kerala Finance Minister demands moratorium on loan repayments amid pandemic woesThe state has also put forward the proposal that GST compensation framework, which is to end in July next year, should be extended for anot...
- Centre's FY22 GST compensation amount should be higher than projected Rs 1.58 lakh crore: Opp-ruled statesFinance ministers of Kerala, Punjab and Chhattisgarh said there was no consensus regarding the compensation requirement in 2021-22 in the M...
- GST compensation shortfall: Kerala may take Option 1 under protest“If there’s no other option then we will also accept, but under protest and we will continue to raise the issue at the GST Council… There w...
- Opposition ruled states likely to take a stand against Cenre's GST shortfall settlement plansCongress top leadership will reach out to opposition-ruled states of West Bengal, Kerala and Jharkhand to take a common stance on the finan...
- Centre should take initiative in settling GST borrowing quantum issue: Kerala FM"Having come half way through for amicable settlement on issue of who should borrow, centre now should take initiative to settle remaining ...
- GST compensation: Opposition states unlikely to change stance at next meetingPunjab finance minister Manpreet Badal said that Centre should not go back on its words to make the mandatory bi-monthly payments to states.
- Stormy GST Council meet likely on Monday; non-BJP states to oppose Centre's borrowing optionWhile as many as 21 states, mostly ruled by BJP or parties which have supported it on issues, had till mid-September opted to borrow Rs 97,...
- Congress leader P Chidambaram lauds 6 states for rejecting Centre's GST proposal"Congratulations to the finance ministers of Punjab, Chhattisgarh, Kerala, West Bengal, Telangana and Delhi for rejecting the bogus twin op...
- Tamil Nadu AIADMK govt, flags concerns with Centre's options over GST duesTN CM Edappadi Palaniswami, in his letter has urged to the finance ministry to agree to a mechanism in which the government of India raised...
- Kerala rejects Centre's proposal of borrowing by states to meet GST revenue shortfallThe Centre and opposition-ruled states like Punjab, Kerala, Delhi and West Bengal, are at loggerheads over the financing of the Rs 2.35 lak...
- Easing FRBM limit by 50bps not adequate, say Kerala, Punjab, criticising Centre's borrowing optionsThe Centre offered two options for states at the GST Council meeting on Thursday to make up for the shortfall in the GST compensation cess ...
- States seek GST compensation beyond 2022 to tide over Covid-19 crisisState finance ministers, during a video conference on Monday, also discussed issues arising out of the lockdown, including the urgent requi...
- Five non-BJP states red-flag GST duesFive states that are not ruled by the BJP-led governments including Punjab, Rajasthan, Kerala, West Bengal and Delhi have accused the Centr...
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