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Gst Compensation

Centre Would Not Want The Consequences Of Not Extending GST Compensation On Their Conscience: TN FM P Thiaga Rajan

Centre Would Not Want The Consequences Of Not Extending GST Compensation On Their Conscience: TN FM P Thiaga Rajan

14 January 2022

The GST, which subsumed all service taxes except those on alcohol and petroleum, has not been able to generate as much revenue as had been anticipated during its implementation in 2017.

Nearly Rs 52,000 Crore Paid To States As GST Compensation: MoS Finance

Nearly Rs 52,000 Crore Paid To States As GST Compensation: MoS Finance

13 January 2022

Minister of State for Finance added the economic impact due to the pandemic led to greater compensation requirements because of lowered GST Collection.


Govt Releases GST Compensation Worth Rs 17,000 Crore To States

Last week, the finance ministry had released Rs 44,000 crore to states and union territories under the back-to-back loan facility meant to compensate them for...

Finance Ministry Releases Rs 44,000 Crore To States To Meet GST Compensation Shortfall

Finance Ministry Releases Rs 44,000 Crore To States To Meet GST Compensation Shortfall

28 October 2021

The Finance Ministry had earlier released Rs 75,000 crore in October and Rs 40,000 Crore in July. Till date, accounting the latest amount, it has released a...


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Opinion

Centre Would Not Want The Consequences Of Not Extending GST Compensation On Their Conscience: TN FM P Thiaga Rajan

Centre Would Not Want The Consequences Of Not Extending GST Compensation On Their Conscience: TN FM P Thiaga Rajan

The GST, which subsumed all service taxes except those on alcohol and petroleum, has not been able to generate as much revenue as had been anticipated during its implementation in 2017.

14 January 2022
Nearly Rs 52,000 Crore Paid To States As GST Compensation: MoS Finance

Nearly Rs 52,000 Crore Paid To States As GST Compensation: MoS Finance

Minister of State for Finance added the economic impact due to the pandemic led to greater compensation requirements because of lowered GST Collection.

13 January 2022
Govt Releases GST Compensation Worth Rs 17,000 Crore To States

Govt Releases GST Compensation Worth Rs 17,000 Crore To States

Last week, the finance ministry had released Rs 44,000 crore to states and union territories under the back-to-back loan facility meant to compensate them for the GST shortfall.

03 November 2021
Finance Ministry Releases Rs 44,000 Crore To States To Meet GST Compensation Shortfall

Finance Ministry Releases Rs 44,000 Crore To States To Meet GST Compensation Shortfall

The Finance Ministry had earlier released Rs 75,000 crore in October and Rs 40,000 Crore in July. Till date, accounting the latest amount, it has released a total of Rs 1.59 lakh crore in the current fiscal year.

28 October 2021
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