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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

Business  /  Published 23.10.20

Deficit: Quibble over GST borrowing

The GST Council should meet and evolve a consensus on the borrowing by the Centre to compensate the states, Kerala finance minister Thomas Isaac said on Thursday. “Having reached a consensus on...
By Our Special Correspondent in New Delhi

Business  /  Published 20.10.20

GST: demand to raise borrowing

The GST compensation row is festering over the sum the Centre must borrow to bail out the states who have their hands full with the pandemic. Opposition ruled Kerala, which have been in the forefront...
By Our Special Correspondent in New Delhi

Business  /  Published 18.10.20

Jharkhand refuses loans

Jharkhand has rejected the Centre’s proposal to take a loan to make up for its GST revenue shortfall, chief minister Hemant Soren told reporters after a meeting of the state cabinet in Ranchi la...
By Achintya Ganguly in Ranchi

Business  /  Published 17.10.20

Doubts persist over GST offer

After making a U-turn on borrowing to compensate the states for GST revenue loss, finance minister Nirmala Sitharaman has written to them on the terms under which the Centre will borrow a sum of Rs 1,...
By Our Special Correspondent in New Delhi


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