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Tag: GST compensation

GST compensation: Centre transfers first tranche of Rs 6,000 crore to 16 states, 2 UTs

The Centre has transferred Rs.6,000 Crore to some states and UTs as GST compensation. The first tranche has been made to 16 states and...

Centre, states relations worsen over farm bills, GST compensation

The Union has debited sum of Rs 1,417.50 crore from Jharkhand’s consolidated account which is maintained by RBI. This deduction has been made on...

GST compensation stalemate continues, Council fails to arrive at consensus

The GST Council meeting on Monday has failed to decide over the issue of shortfall of compensation cess. Tarun Bajaj, Secretary, Department of Economic...

Punjab, Kerala, Chhattisgarh say majority view being pushed by Centre on GST compensation issue

Kerala, Punjab and Chhattisgarh stated that 10 opposition ruled states have still not given their choice for borrowing options and Centre had taken the...

Centre not reneging on its promise to compensate states for any GST revenue loss: FM

The Finance Minister has said that Centre is not backing from its promise and has gone much beyond to protect states from losses caused...

Andhra Pradesh urges Centre to pay full GST compensation, keeps option 1 open

The Andhra Pradesh government has urged to the Centre to pay full GST Compensation amounting to Rs  4,500 crore till August-end this year.Otherwise, the...

GST compensation due to states at Rs 1.51 lakh crore, Maharashtra leads

Ministry of Finance has said on Monday that GST Compensation due to states stands at over Rs 1.51 lakh crore. For the state of...

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