India is set to boost E100 flex fuel availability with 5,000 dispensing stations planned within two years. This initiative aims to signific...

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 ...

Indian enterprises are navigating challenges posed by the Goods and Services Tax. The inverted duty scenario is particularly affecting FMCG...

Andhra Pradesh opposition leader Botcha Satyanarayana has accused the state government of misleading the Legislative Council. He claims inc...

New CAG data reveals states are diverging in fiscal health post-GST. Some states are effectively building revenue capacity, while others ar...

"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...

The GST Council deferred the decision on levying a 28% tax on casinos, online gaming, horse racing and lottery pending more consultations w...

Giving details of Goods and Services Tax (GST) compensation released and pending to be released as on November 24, 2021, Minister of State ...

"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...

Out 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 ...

The 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 ...

The former finance minister said the states should not borrow as the liability to provide Goods and Services Tax (GST) compensation as well...

In December 2019, the Centre had released Rs 35,298 crore to states to compensate for the revenue loss on account of GST rollout.

The reply came after MPs from Telangana and Odisha complained during Question Hour that their states were not getting the share of the Good...

Finance ministers of Delhi, Punjab, Puducherry and MP, and representatives of Kerala, Rajasthan, Chhattisgarh and West Bengal met Nirmala S...

The 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...

Finance minister Pranab Mukherjee today assured the states that the Centre will fully compensate them on possible losses arising from imple...