Tag: GST Council

Petrol price hike: Nirmala Sitharaman says it’s a vexatious issue – Times of India

NEW DELHI: Finance minister Nirmala Sitharaman on Saturday said that steep rise in petrol prices is a vexatious issue for which there is no...

Centre releases sixth installment of Rs 6,000 crore to states to meet GST compensation shortfall – Times of India

NEW DELHI: The Centre on Wednesday said it has released the sixth installment of Rs 6,000 crore to the states to meet the GST...

No Consensus to Make up for GST Shortfall of States, Says FM Sitharaman after Council Meeting

Finance Minister Nirmala Sitharaman addresses media after GST Council meeting on Monday. (Credits: ANI)The Council, chaired by Sitharaman and comprising state finance ministers, for...

GST Council to discuss compensation issue for third time in a row on Monday – Times of India

NEW DELHI: The GST Council in its meeting on Monday is likely to discuss the suggestion of non-BJP ruled states of setting up a...

GST meet: Voting on borrowing options unlikely – Times of India

NEW DELHI: The Centre is unlikely to allow any voting on the options of borrowing by states at next week’s GST Council meeting. It...

No consensus on shortfall; surcharge on cars, tobacco extended: GST meet highlights – Times of India

NEW DELHI: The GST Council on Monday decided to extend the surcharge on taxes over luxury goods such as cars, and tobacco products beyond...

GST Council Fails to Reach Consensus on Compensating States, Next Meeting on October 12

File photo of Finance Minister Nirmala Sitharaman. (Image Source: PTI)Finance Minister Nirmala Sitharaman said 21 states had opted for one of the two options...

GST Compensation Cess: GST Council fails to reach consensus on compensating states | India Business News – Times of India

NEW DELHI: A crucial meeting of the GST Council on Monday failed to reach a consensus on ways to compensate states as the panel...

GST Council Meeting Postponed to October 5

Image for representation. (Network18 Creatives) ...

States need hard cash, pay GST dues: Chidambaram to Centre – Times of India

NEW DELHI: Following the government's proposal to give a 'Letter of Comfort' to the states to borrow money to bridge the GST compensation gap,...

Centre unlikely to cede ground on GST compensation – Times of India

NEW DELHI: The government is unlikely to give in to demands for changing the compensation formula for goods and services tax (GST) despite opposition-ruled...

GST Council Needs to Work Out Mid-way Solution for Settling Revenue Shortfall Issue: Sushil Modi

Modi said the states should consider that apart from the pandemic, the Centre is also facing challenges on the defence side which needs higher...

41st GST Council meet today: Here’s what is expected

New Delhi: Finance Minister Nirmala Sitharaman will chair the 41st Goods and Services Tax (GST) Council meeting on Thursday via video conferencing. Minister of State...

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