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GST COMPENSATION TO STATES
Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...- High Court says no to 'coercive action' against IndiGoThe Delhi High Court has stopped the GST department from taking action against IndiGo's parent company. This is regarding a ₹458 crore GST ...
- Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
- 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 Vijay has made a remarkable leap from cinema to politics. He launched his party, TVK, and has now become Chief Minister in his debut ...
- 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...
- GST compensation to states should not be extended: Hasmukh Adhia"Compensation was more an insurance against tax losses for five years (2017-22). But if it is continued for too long, it will lead to laxit...
- GST Council defers tax on casinos, lottery; no decision on extending GST compensation to statesThe GST Council deferred the decision on levying a 28% tax on casinos, online gaming, horse racing and lottery pending more consultations w...
- About Rs 52,000 cr GST compensation pending to states till Sept: Finance MinistryGiving details of Goods and Services Tax (GST) compensation released and pending to be released as on November 24, 2021, Minister of State ...
- 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 releases 17th installment of Rs 5000 crore to states to meet GST compensation shortfallOut of this, an amount of Rs 91,460.34 crore has been released to the States and an amount of Rs 8,539.66 crore has been released to the 3 ...
- 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 ...
- Centre releases Rs 19,950 crore as GST compensation to states and UTsIn December 2019, the Centre had released Rs 35,298 crore to states to compensate for the revenue loss on account of GST rollout.
- Centre to release GST compensation to states in 2 instalmentsThe reply came after MPs from Telangana and Odisha complained during Question Hour that their states were not getting the share of the Good...
- States demand pending GST compensationFinance ministers of Delhi, Punjab, Puducherry and MP, and representatives of Kerala, Rajasthan, Chhattisgarh and West Bengal met Nirmala S...
- GST compensation paid to states declines to Rs 11,900 cr in Aug-SeptThe bi-monthly GST compensation paid during the June-July period was Rs 14,930 crore, nearly four-fold jump from Rs 3,899 crore paid in Apr...
- States to be fully compensated for GST: PranabFinance minister Pranab Mukherjee today assured the states that the Centre will fully compensate them on possible losses arising from imple...
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