GST: States have been asking the center to pay their taxes on goods and services New Delhi: Twenty-one states have given their borrowing option proposed by the goods and services tax council to cover the deficit in the center’s compensation amid the coronavirus pandemic, sources said. These 21 states opted …
Read More »13 states opt for center loan scheme amid GST compensation row
Center is hard-pressed to pay GST fees to states amid coronavirus crisis New Delhi: Thirteen states have given their borrowing options proposed by the goods and services tax council to cover the deficit in the center’s compensation amid the coronavirus pandemic, sources from the Finance Ministry said. Six more states, …
Read More »As some states are opposed to borrowing money, Andhra Pradesh Prime Minister Jaganmohan Reddy says it is the only way to overcome the GST deficit.
Andhra Pradesh Chief Minister Jaganmohan Reddy has said that borrowing is the only way to overcome the crisis facing states amid the Center’s inability to repay the Rs 2.35 lakh crore shortfall in their participation in income from the goods and services tax (GST) this financial year. “The only way …
Read More »Boosting GST Debt In States Will Lead To ‘Raw Power Of Centralism’: Bengal Finance Minister
CALCUTTA: Minister of Finance of West Bengal Amit Mitra on Sunday he said the Center’s suggestion to states to borrow to cover the shortfall in income from Tax on goods and services (GST) is “totally unacceptable” as it would destroy their financial health and lead to the “raw power of …
Read More »Pay Our Dues, Got Max Tax Income Before GST: Haryana Downtown
States have been asking the center to pay off goods and services tax (GST) Chandigarh: Haryana’s Chief Deputy Minister Dushyant Chautala has asked the center to pay the state goods and services compensation (GST) of at least Rs 5,840 crore that has been pending for the past four months, according …
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