State Finance Ministers

GST cuts likely soon, rationalising of rates possible: FM Nirmala Sitharaman in Rajya Sabha

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GST cuts likely soon, rationalising of rates possible: FM Nirmala Sitharaman in Rajya Sabha

Finance Minister Nirmala Sitharaman informed the Rajya Sabha on Tuesday that a reduction in goods and services tax (GST) can be expected. She stated that the GST Council is currently working on streamlining the rate slabs for Goods and Services Tax. Additionally, the finance minister highlighted that there has been a significant decrease in GST … Read more

Opposition ruled states likely to reject Centre’s GST options

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Opposition ruled states likely to reject Centre’s GST options

New Delhi: A number of states, particularly opposition-ruled ones, are set to reject the two borrowing options proposed by the Centre to meet the deficit in the goods and services tax (GST) compensation fund. State finance ministers from opposition states will meet on Monday to finalise a joint strategy to approach the Centre again as … Read more