Tag: GST revenue

FM Writes to States Explaining Rs 1.1 Lakh Crore Borrowing Window for Meeting GST Shortfall

A day after the Centre agreed to borrow Rs 1.10 lakh crore on behalf of states for meeting GST shortfall, Finance Minister Nirmala Sitharaman...

Govt Issues Fresh Borrowing Calendar with Additional Rs 1.1 Lakh Crore for Meeting GST Shortfall

With the Centre deciding to borrow Rs 1.1 lakh crore on behalf of states to help them meet the GST revenue shortfall, the government...

After Deadlock Over GST Shortfall, Finance Ministry Says Centre to Borrow and Pass Amount to States

Finance Ministry on Thursday said the central government will borrow Rs 1.1 lakh crore to make up for the shortfall in GST of states....

Centre Writes to States Suggesting Options of Borrowing Money to Make Up for GST Shortfall

The Centre has estimated that of this Rs 2.35 trillion, Rs 97,000 crore compensation requirement is due to GST rollout. Image for representation (Photo courtesy:...

States’ GST Revenue Shortfall Can Be Bridged by Monetising Debt, NSSF: SBI Report

The payment of GST compensation to states became an issue after revenues from the imposition of cess started dwindling since August 2019. ...

GST shortfall: Centre gives 2 options to compensate states – Times of India

NEW DELHI: The Goods and Services Tax (GST) Council on Thursday held a crucial meet to deliberate on the ways to make up for...

GST revenue collection at Rs 90917 crore in June

New Delhi: Goods and Service Tax (GST) revenue collection stood at Rs 90917 crore in June, official data showed on Wednesday. “The gross GST revenue...

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