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Updated : 7 months, 3 weeks ago IST
New Delhi [India], February 3 (ANI): The Department of Expenditure under the Ministry of Finance on Wednesday released the 14th weekly installment of Rs 6,000 crore to the States today to meet the Goods and Services Tax (GST) compensation shortfall.
Updated : 9 months, 3 weeks ago IST
New Delhi [India], December 5 (ANI): All the 28 states and three Union Territories (UT) with legislature have decided to go for Option-1 to meet the revenue shortfall arising out of the Goods and Services Tax (GST) implementation, stated an official statement by the Ministry of Finance.
Updated : 10 months, 1 week ago IST
New Delhi [India], November 18 (ANI): The Union Ministry of Finance informed that Telangana has opted for Option-1 suggested by the Ministry to meet the shortfall in revenue arising out of GST implementation.
Updated : 1 year ago IST
New Delhi [India], September 13 (ANI): At least 13 states have given their borrowing options proposed by Goods and Services Tax (GST) Council to meet their compensation shortfall so far.
New Delhi [India], Sep 10 (ANI): States may have to significantly cut their expenditure by as much as Rs 3.4 lakh crore in the current fiscal if they are not paid full compensation relating to Goods and Services Tax (GST), investment information agency ICRA has said.
Hyderabad (Telangana) [India], September 1 (ANI): Telangana Chief Minister K Chandrasekhar Rao (KCR) on Tuesday wrote a letter to Prime Minister Narendra Modi, stating that the decision of asking states to meet the shortfall in GST compensation through borrowings can be reversed.