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HomeGST NEWSTelangana says it lost Rs 8,000 cr income; seeks full GST compensation

Telangana says it lost Rs 8,000 cr income; seeks full GST compensation

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The Telangana Government had said that it had lost Rs.8000 crore during the lockdown period and Centre must pay full GST Compensation. Finance Minister T Harish Rao told reporters after a virtual meeting with his counterparts of five states that the state will knock the door of court. He further said that the state would have earned Rs 25,000 crore had it not joined the GST regime as it accepted the new tax regime in the interest of the nation.

https://www.business-standard.com/article/economy-policy/telangana-says-it-lost-rs-8-000-cr-income-seeks-full-gst-compensation-120083101356_1.html

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