Page 3 - Shortfall In Gst Revenues

FRBM hike not enough; need 0.75 percentage point leeway: Thomas Isaac

In an interview with Dilasha Seth, Kerala Finance Minister Thomas Isaac says if the issue isn't settled, states will have to move Supreme Court

Centre gives states two options to meet GST compensation cess shortfall

States given two options to borrow: Rs 97,000 crore or Rs 2.35 trillion, burden of repayment on extension of cess period

GST Council to discuss legal opinion of AG on compensation: Sitharaman

Tthe Attorney General has opined that there is no obligation on the central government to pay the GST compensation shortfall to the states

Covid-19 crisis: States divided on alternative GST compensation mechanism

While Punjab and Kerala will press the GST Council to borrow in order to compensate states, Bihar Deputy Chief Minister Sushil Kumar Modi called the idea "wishful thinking"

GST council may hike rates for various items to meet revenue shortfall

The Council can explore possibility of merger of slabs to bring down the number of slabs to three, sources said.

No respite from slowdown pain: GST collection drops to 19-month low in Sept

The GST mop-up in September was 2.67 per cent lower than the collection in the corresponding month last year and 6.4 per cent below the last month's figure

Govt staring at a shortfall of Rs 500 bn to Rs 1 trn in GST collection?

Can this be made up in other ways so as to not breach the fiscal deficit target?