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Centre communicates borrowing options to settle GST compensation to States

A meeting of State Finance Secretaries with the Union Finance Secretary and Secretary (Expenditure) has also been scheduled on September 1 for clarifying issues

29 Aug 2020 3:04 PM GMT

Disappointed, say Congress-ruled states after GST Council meet

Disappointed, say Congress-ruled states after GST Council meet

28 Aug 2020 3:57 AM GMT

Defaulter Centre proposes 2 options to resolve compensation cess issue

The first option given by the Centre is to provide a special borrowing window to states, in consultation with the RBI,...

27 Aug 2020 1:25 PM GMT

Not paying compulsory GST compensation to states betrayal on part of Modi govt: Sonia

Not paying compulsory GST compensation to states betrayal on part of Modi govt: Sonia

"GST was enacted as an example of "cooperative federalism" and it came into existence because states agreed to forego...

26 Aug 2020 12:22 PM GMT

Covid impact: GST collection drops 14% to Rs 87,422 cr in July

Covid impact: GST collection drops 14% to Rs 87,422 cr in July

The revenues during the financial year has been impacted due to COVID-19, firstly due to the economic impact of the...

2 Aug 2020 12:22 PM GMT

GST Council to discuss AG opinion on compensation: FM

The GST Council had in March decided to seek views from the AG on the legality of market borrowing by the Council to...

1 Aug 2020 2:59 PM GMT

Covid impact: GST collection drops 14% to Rs 87,422 cr in July

The GST collections for the month of April was Rs 32,294 crore which was mere 28 per cent of the revenue collected...

1 Aug 2020 12:34 PM GMT