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Gst
Business  /  Published 25.11.20

GST shortfall: Bengal, Kerala accept Centre’s plan

Bengal and Kerala, which were among the states that had opposed the Centre’s borrowing plan to meet GST revenue shortall, have accepted the proposal and will get Rs 10,197 crore through a specia...
By Our Bureau, Agencies in New Delhi

Business  /  Published 14.11.20

Bengal terms for GST truce

The Bengal government has partially agreed to the latest formula proposed by the Centre to clear the shortfall in GST compensation to the states. While it has decided to go along with the Modi govern...
By Sambit Saha in Calcutta

India  /  Published 12.11.20

FM rolls out Diwali bonuses

In an attempt to spark pre-Diwali cheer, finance minister Nirmala Sitharaman delivered Thursday a third round of stimulus measures to help revive the Covid-devastated economy along with an upbeat asse...
By Paran Balakrishnan in New Delhi

Business  /  Published 12.11.20

E-invoice rule in GST tightened

The government has tightened the GST compliance norm by making e-invoicing mandatory for any firm whose turnover exceeds Rs 100 crore from January 1, 2021. The earlier limit was Rs 500 crore. Th...
By Our Special Correspondent in New Delhi

Business  /  Published 07.11.20

Rajasthan accepts Centre's GST offer

Congress-ruled Rajasthan has broken ranks with some Opposition-ruled states, including Bengal, Punjab and Kerala, to accept the Centre’s proposal on the shortfall in GST compensation cess that e...
By Our Special Correspondent in New Delhi

Business  /  Published 04.11.20

GST plea to defiant states

The quantum of borrowing to meet states’ GST revenue shortfall has to be “reasonable” considering its economic impact and the Centre will continue to request the Opposition-ruled sta...
By PTI in New Delhi

Business  /  Published 03.11.20

GST: states get Rs 6000 in dues

The Centre has borrowed Rs 6,000 crore from the markets and transferred the money to 16 states and three Union Terrtories on Monday as part of the exercise to meet the shortfall in GST cess collection...
By Our Special Correspondent in New Delhi

Business  /  Published 02.11.20

GST: October mop-up rises

The goods and services tax (GST) collected in October rose to Rs 1.05 lakh crore, crossing the Rs 1-lakh-crore mark for the first time since February this year, reflecting a pick-up in economic activi...
By Our Bureau in New Delhi

Business  /  Published 01.11.20

GST: Oct collection crosses Rs 1 lakh crore

The goods and services tax (GST) collected in October rose to Rs 1.05 lakh crore, crossing the Rs 1 lakh crore mark for the first time since February this year, reflecting a pick-up in economic activi...
By Our Bureau, Agencies in New Delhi

Business  /  Published 24.10.20

GST shortfall: 16 states get Rs 6000cr

The Centre has borrowed and transferred Rs 6,000 crore as the first tranche of GST compensation under the special borrowing window to 16 states even as some states continue to demand a meeting of the ...
By Our Special Correspondent in New Delhi


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