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Gst Compensation Cess
India  /  Published 14.05.22

Cong: extend GST relief by 3 years

Expressing "extreme concern" over the state of the economy, senior Congress leader and former finance minister P Chidambaram called for a recalibration of the economic policies while taking ...
By Our Bureau, PTI in Udaipur

Business  /  Published 14.03.22

FM: States seeking GST extension

Many states have requested an extension of the compensation mechanism under the GST beyond June 2022, Finance Minister Nirmala Sitharaman said on Monday. Under the Goods and Services Tax (GST) law, s...
By Our Bureau, PTI in New Delhi

Business  /  Published 31.12.21

States press for longer GST payouts

A pre-budget consultation between the Centre and states on Thursday proved to be a curtain raiser for a stormy GST Council meeting scheduled Friday. At their meeting with finance minister Nirmala Sit...
By Our Special Correspondent in New Delhi

Business  /  Published 27.09.21

Govt sets H2 borrowing

The government will borrow Rs 5.03 lakh crore in the second half of the current fiscal to fund the revenue gap for reviving the pandemic-hit economy, the finance ministry said on Monday. During the f...
By Our Bureau, PTI in New Delhi

Business  /  Published 19.09.21

More states want cess extended

The clamour for compensation to states beyond June 2022 grew louder on Saturday with Kerala finance minister K.N. Balagopal saying the financial situation of the state would be deeply impacted if the ...
By R. Suryamurthy in New Delhi

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Business  /  Published 18.09.21

Opp states seek GST cess regime extension

Finance ministers of Opposition-ruled states have demanded that the GST compensation cess regime be extended beyond June 2022. Briefing reporters after the 45th GST Council meeting in Lucknow on Frid...
By Our Bureau, PTI in New Delhi

Business  /  Published 18.09.21

Cess tenure rift widens

The compensation cess under the goods and services tax regime will be collected till March 2026 but the proceeds garnered after June 2022 will not go to the states. Finance minister Nirmala Sitharama...
By R. Suryamurthy in New Delhi

Business  /  Published 14.09.21

GST cess may be extended

The GST Council will hold its first physical meeting on Friday since the outbreak of the pandemic. Finance minister Nirmala Sitharaman will chair the 45th meeting in Lucknow.  The last meeting o...
By Our Bureau in Calcutta

Business  /  Published 21.07.21

Only 12% cash outgo in extra spending bill

Finance minister Nirmala Sitharaman on Tuesday sought Parliament’s approval to spend Rs 1.87 lakh crore as gross additional expenditure. Of this, the actual cash outgo will only be Rs 23,675 cro...
By Our Special Correspondent in New Delhi

Business  /  Published 16.07.21

Cloud over GST payout meet

The Narendra Modi-government appears to have hollowed out the demand for a special meeting of the GST Council to discuss the shortfall in compensation cess payable to states after asserting on Thursda...
By Our Special Correspondent in New Delhi


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