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 ...

Chhattisgarh commercial tax minister TS Singhdeo told ET: “Our stance is that the Centre should borrow the full amount of shortfall and com...

The finance ministry said that the Centre would borrow from the market to pay the GST compensation shortfall of Rs 1.1 lakh crore to states...

Congress top leadership will reach out to opposition-ruled states of West Bengal, Kerala and Jharkhand to take a common stance on the finan...

"Having come half way through for amicable settlement on issue of who should borrow, centre now should take initiative to settle remaining ...

While 21 states that are either ruled by the BJP or those that have supported it have chosen the option to borrow Rs 97,000 crore, others l...

While 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,...

Six more states - Goa, Assam, Arunachal Pradesh, Nagaland, Mizoram and Himachal Pradesh - will be giving their option in a day or two, fina...

He asserted that the states need "hard cash" and if they are forced to borrow, the axe will inevitably fall on capital expenditure by the s...

The states should ask immediately for two things: first, an extension of the deadline for making up the loss of revenue; second, the option...

Parliament passed a law, specifically on the subject of compensating the states for any shortfall in GST collections from a linear projecti...

The country’s top law officer, however, said any decision to extend the cess beyond the five-year period would require endorsement by a thr...

The Centre offered two options for states at the GST Council meeting on Thursday to make up for the shortfall in the GST compensation cess ...

Sources said the AG in his view has said there is no obligation on the central government to pay the GST compensation shortfall from its co...

CLSA said state governments’ tax revenue, including GST, grew just 1 per cent in April-August 2019 from a year ago period compared to the b...

The panel has been formed by the GST Council to look into revenue shortfall being faced by the states post implementation of the Goods and ...

Among the union territories, Puducherry is facing maximum shortfall of 43 per cent.