There may be no official word yet on how the Centre's tax revenue assumptions for the current year have gone awry
second fiscal stimulus likely to be announced soon
States are planning to pass resolutions in their legislative assemblies; however, such tactics will be used as the last resort if the Centre continues to stall allocations
The fund is used to compensate the states for revenue shortfall suffered due to roll out of the new indirect tax
The panel is also looking at bringing under GST items like foodgrains that faced either value-added tax or purchase tax
Oil, rupee and non-tax revenues should worry Jaitley, but the surplus in GST cess will bring him relief