The 28 states and the three Union Territories (UT) with legislatures have decided to opt for Option 1 to cover the income deficit that arises from the implementation of the Goods and Services Tax (GST), according to an official statement from the Ministry of Finance. Jharkhand, the only remaining state, …
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Kerala’s government canceled its high-level meeting to discuss a legal option to solve the goods and services tax (GST) problem on Saturday, days after the Union’s finance minister, Nirmala Sitharaman, said the government central will borrow 1.1 lakh crore from the market. on behalf of the states and pass them …
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NEW DELHI: Leaders of eight opposition parties held an anti-government protest at the Parliament compound on Thursday, demanding GST fees. Congress the leaders were absent from the protest. At a press conference after the protest, Trinamool Congress (TMC) deputy and national spokesman Derek O’Brien said the largest opposition party was …
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The Center’s suggestion that states borrow to cover the revenue shortfall in the Goods and Services Tax (GST) has run into some turmoil and some states governed by non-Bharatiya Janata Party (BJP) parties reject both. options presented to them. West Bengal, Kerala, Delhi and Punjab have opposed the plan. The …
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