Thursday, Oct 06, 2022
×
Outlook.com
×

Gst Compensation To States

Source: Shutterstock

Few States Seek Extension Of GST Compensation For 5 Years: Nirmala Sitharaman

When a nationwide GST subsumed 17 central and state levies from July 1, 2017, it was decided that states will be compensated for any loss of revenue from the new tax for five years. That timeframe ended on June 30 this year

18 July 2022

Source: Shutterstock

GST Council Meet: No Decision On Extending Compensation To States On Day 2

Briefing reporters about deliberations at the two-day meeting of the GST Council here, Union Finance Minister Nirmala Sitharaman said finance and other ministers of 16 states spoke on the compensation issue


Source: Shutterstock

Another GST Council Meeting Concludes Without Any Decision Made On Compensation Period Extension

Several states had raised the issue of compensation regime extension before the Council. The economic slowdown brought the center-state relation under stress, especially as the five-year limit to give 14 per cent...

29 June 2022

As GST Compensation Period Nears End, SC Ruling Reignites Centre-State Tax Chasm  

The SC judgment has given states more bargaining power that they could use to improve their strained financial positions 


Source: Shutterstock

GST Council Defers Tax On Casinos, Lottery: Nirmala Sitharaman

A two-day meeting of the panel considered a report of the GoM but deferred a decision as Goa and some others wanted to make more submissions

29 June 2022

Advertisement

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement