Monday, October 19, 2026 | 11:57 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Page 24 - Gst Council

Non-BJP states to oppose govt's borrowing option in GST meet tomorrow

In the current fiscal, the states are staring at a staggering Rs 2.35 trillion Goods and Services Tax revenue shortfall

Non-BJP states to oppose govt's borrowing option in GST meet tomorrow
Updated On : 04 Oct 2020 | 1:26 PM IST

GST compensation row: States may seek 3-member dispute resolution body

2011 Bill outlined such a structure, but it was not included in Act

GST compensation row: States may seek 3-member dispute resolution body
Updated On : 03 Oct 2020 | 6:05 AM IST

GST mop-up rises 4% to Rs 95,480 cr in Sept as recovery picks up pace

The data comes in the backdrop of simmering tension between the Centre and states over the promised compensation and ahead of the Council meeting on Monday

GST mop-up rises 4% to Rs 95,480 cr in Sept as recovery picks up pace
Updated On : 02 Oct 2020 | 2:33 AM IST

Credit for reform: Centre allows 5 states to borrow Rs 9,913 cr extra

Permission granted on meeting of one-nation-one-ration card reform

Credit for reform: Centre allows 5 states to borrow Rs 9,913 cr extra
Updated On : 25 Sep 2020 | 2:11 AM IST

GST compensation row: Have not picked either option, says Puducherry CM

Rebuts FinMin claim that UT is among those to opt for RBI window to meet shortfall in GST

GST compensation row: Have not picked either option, says Puducherry CM
Updated On : 22 Sep 2020 | 12:46 AM IST

We may go terribly right or wrong, says 15th FC chairman N K Singh

Singh told Arup Roychoudhury and Indivjal Dhasmana that the Commission could recommend spending 2.5 per cent of GDP on health in the light of the Covid-19

We may go terribly right or wrong, says 15th FC chairman N K Singh
Updated On : 21 Sep 2020 | 6:03 AM IST

GST Council to take call on funding compensation shortfall: FM Sitharaman

Nirmala Sitharaman said GST Council will arrive at a common ground on ways to compensate states for loss of revenue

Image
Updated On : 19 Sep 2020 | 6:25 AM IST

13 states submit borrowing option to Centre to fund GST shortfall

These 13 states include Bihar, Odisha, Andhra Pradesh, Gujarat, Uttarakhand and Meghalaya

13 states submit borrowing option to Centre to fund GST shortfall
Updated On : 13 Sep 2020 | 10:00 PM IST

No discussion on GST borrowing options at parliamentary panel meet: Report

Sources in know of the matter said that during the meeting of the parliamentary panel there was only a discussion on the CAG report on GST collection for FY19

No discussion on GST borrowing options at parliamentary panel meet: Report
Updated On : 11 Sep 2020 | 11:21 PM IST

Rift over GST compensation sets stage for showdown between Centre, states

The GST law requires the federal government to compensate states for five years through March 2022 for any revenue loss on account of the new tax

Rift over GST compensation sets stage for showdown between Centre, states
Updated On : 10 Sep 2020 | 8:50 AM IST

Vote on GST compensation inevitable if govt sticks to 2 options, says Isaac

Centre will have to get support of some non-BJP-ruled states to pass its decision even in case of vote

Vote on GST compensation inevitable if govt sticks to 2 options, says Isaac
Updated On : 09 Sep 2020 | 12:46 AM IST

Entire GST shortfall will be compensated, says govt ahead of Sept 10 meet

The finance ministry ruled out borrowing by the Centre as suggested by some states

Entire GST shortfall will be compensated, says govt ahead of Sept 10 meet
Updated On : 08 Sep 2020 | 3:47 AM IST

Will take up GST cut demand with FM Sitharaman, PM Modi: Prakash Javadekar

Prakash Javadekar assured the automobile industry that he will take up the industry's demand for a cut in GST for the sector with the Finance Minister and the Prime Minister

Image
Updated On : 04 Sep 2020 | 12:54 PM IST

Mamata asks PM to intervene in GST impasse, joins non-BJP CMs in 'protest'

Asserts that Centre must borrow to meet GST shortfall at this critical hour of Covid-19 pandemic, says states will reciprocate

Mamata asks PM to intervene in GST impasse, joins non-BJP CMs in 'protest'
Updated On : 02 Sep 2020 | 11:32 PM IST

Tamil Nadu CM urges Centre to revisit options on GST compensation

He asked the government to ensure that the states get their full dues of the compensation in the current year itself

Tamil Nadu CM urges Centre to revisit options on GST compensation
Updated On : 31 Aug 2020 | 3:13 PM IST
Oppn-ruled states dismiss Centre's 2 options on GST compensation shortfall
Updated On : 31 Aug 2020 | 6:06 AM IST

GST Council needs to work out revenue shortfall issue: Sushil Modi

The GST Council will have to work out a mid way solution for making good the GST collection shortfall, Bihar Deputy CM Sushil Modi has said.

GST Council needs to work out revenue shortfall issue: Sushil Modi
Updated On : 30 Aug 2020 | 6:33 PM IST

States to bear interest burden for borrowing Rs 2.35 trn shortfall in GST

Finance Ministry gives states two options for meeting shortfall in collection; GST Council meet to discuss matter

States to bear interest burden for borrowing Rs 2.35 trn shortfall in GST
Updated On : 29 Aug 2020 | 8:41 PM IST
Top headlines: States to borrow Rs 2.35 trn, Ladakh situation 'serious'
Updated On : 27 Aug 2020 | 6:20 PM IST

GST Council meet: States to push for borrowing by Centre on Thursday

Our worst fears are now coming true, Amit Mitra writes to Sitharaman

GST Council meet: States to push for borrowing by Centre on Thursday
Updated On : 27 Aug 2020 | 1:08 AM IST