Kolkata: The West Bengal government has said the Centre owes it Rs 2,409.96 crore as GST compensation, "disagreeing" with Union Finance Minister Nirmala Sitharaman's statement about the state not submitting…
The government issued a notification on Saturday extending the goods and services tax (GST) compensation cess until March 31, 2026. The cess was to end on June 30, 2022, five…
The Finance Ministry on Wednesday said the Centre has already released eight months of GST compensation dues to the states for the fiscal ended March 2022 and Rs 78,704 crore…
The Centre Thursday released the balance Rs 44,000 crore to states under the back-to-back loan facility in-lieu of GST compensation, taking the total to Rs 1.59 lakh crore, the full…
The finance ministry released Rs 75,000 crore or nearly half of the total Goods and Services Tax (GST) compensation shortfall for FY22 to the states and union territories (UTs) on…
Kerala may become the third of the dissenting states to take up the Rs 1.1 lakh crore borrowing option, after initially rejecting both options of the Centre for meeting goods…
After the Union government agreed to borrow Rs 1.10 lakh crore on behalf of states to meet the GST shortfall, Congress leader P Chidambaram said Friday that the Centre has…
Goods and Services Tax (GST) collections for September stood at Rs 95,480 crore, the highest on a monthly basis since the lockdown began in March this year. Collections for September…
Finance minister Nirmala Sitharaman said the Centre is not reneging on its promise to compensate states for any revenue loss due to the transition to the goods and services tax…
New Delhi: Finance Minister Nirmala Sitharaman on Friday said that bulk of the additional spending sought in the first batch of the supplementary demands for grants would be spend on…