Page 5 - Gst Compensation

Kerala, West Bengal opt for Centre's special GST compensation window

That leaves only Punjab, Jharkhand and Chhattisgarh, which are yet to agree to the Centre's proposal

West Bengal partially agrees to Centre's GST compensation proposal

In a letter to the Union Finance Minister, Nirmala Sitharaman, West Bengal Finance Minister, Amit Mitra, has suggested that a GST Council meeting may be convened to discuss the borrowing of the remain

GST borrowing to meet states shortfall must be reasonable: Finance Secy

So far, 21 states and 3 Union Territories have opted for the borrowing plan proposed by the Centre

Centre borrows Rs 6,000 cr to compensate GST to 18 domains in first tranche

16 states, two UTs among beneficiaries; money raised at 5.19% interest rate; Centre to transfer Rs 6,000 crore to states on a weekly basis through this window

Centre, states relations worsen over farm bills, GST compensation

Invocation of tripartite agreement with Jharkhand strains ties further

Raise GST borrowing to Rs 1.83 trillion, Kerala CM writes to FM Sitharaman

More states likely to write to FM today; Jharkhand rejects Centre's proposal

Bridge the gap

Centre's decision to borrow doesn't fully address the GST issue

GST compensation: States refuse to relent, demand full borrowing by Centre

A day after the Centre agreed to borrow Rs 1.1 trn and lend to states in lieu of the promised compensation, dissenting states including Chhattisgarh, Kerala made it clear they will not relent

GST compensation shortfall: Centre to borrow Rs 1.1 trn on behalf of states

This may come as a victory of sorts for opposition-ruled states, including Punjab, West Bengal, and Chhattisgarh, which have insisted that the Centre should do the borrowing

Top headlines: Bid norms eased for Air India; Centre to borrow Rs 1.1 trn

From Centre easing bidding norms for Air India's privatisation to Modi govt borrowing Rs 1.1 trillion for GST compensation to states, here are top headlines this morning

GST shortfall: Govt issues fresh borrowing calendar with extra Rs 1.1 trn

The additional amount for meeting the GST compensation shortfall shall be raised equally at the rate of Rs 55,000 crore under the 3 year and 5 year tenors

Welcome Centre's decision to borrow Rs 1.1 trn to fill GST gap: Chidambaram

P Chidambaram welcomed the change in the position of the central government which will now borrow Rs 1.1 trillion and extend it to states to make up for the shortfall in the GST compensation.

Centre to borrow Rs 1.1 trn to meet states' shortfall in GST compensation

The amount so borrowed will be passed on to the States as a back-to-back loan in lieu of GST Compensation Cess releases

GST compensation shortfall: Tamil Nadu becomes 21st state to pick Option 1

Gets nod to borrow Rs 9,600 crore, total additional borrowing touches Rs 78,000 crore

GST compensation: 21 states may borrow Rs 78,000 cr above Rs 1.1 trn option

Tamil Nadu opts for special window, gets permission to borrow Rs 9,600 crore, Kerala reacts strongly to the Centre's move to 'divide" states

Top headlines: Theatres eyes Diwali season; Jio fastest mobile network

From theatres gearing to open from October 15 to the government allowing states to borrow Rs 69,000 crore in GST shortfall, here are top headlines this morning

Best of BS Opinion: GST compensation issue, the land bank, and more

Here's a selection of Business Standard opinion pieces for the day

Break the deadlock

GST compensation issue needs a pragmatic approach

GST Council meet on compensation mechanism inconclusive for second time

Kerala Finance Minister Thomas Isaac said, Sitharaman's announcement that she would permit 21 states to borrow in line with Option 1 was illegal

GST Council meet: Stalemate over compensation may see some solution today

Dissenting states may move SC, press for dispute resolution authority, refer matter to GoM