Page 14 - Gst Council

13 states submit borrowing option to Centre to fund GST shortfall

These 13 states include Bihar, Odisha, Andhra Pradesh, Gujarat, Uttarakhand and Meghalaya

No discussion on GST borrowing options at parliamentary panel meet: Report

Sources in know of the matter said that during the meeting of the parliamentary panel there was only a discussion on the CAG report on GST collection for FY19

Rift over GST compensation sets stage for showdown between Centre, states

The GST law requires the federal government to compensate states for five years through March 2022 for any revenue loss on account of the new tax

Vote on GST compensation inevitable if govt sticks to 2 options, says Isaac

Centre will have to get support of some non-BJP-ruled states to pass its decision even in case of vote

Entire GST shortfall will be compensated, says govt ahead of Sept 10 meet

The finance ministry ruled out borrowing by the Centre as suggested by some states

Will take up GST cut demand with FM Sitharaman, PM Modi: Prakash Javadekar

Prakash Javadekar assured the automobile industry that he will take up the industry's demand for a cut in GST for the sector with the Finance Minister and the Prime Minister

Mamata asks PM to intervene in GST impasse, joins non-BJP CMs in 'protest'

Asserts that Centre must borrow to meet GST shortfall at this critical hour of Covid-19 pandemic, says states will reciprocate

Tamil Nadu CM urges Centre to revisit options on GST compensation

He asked the government to ensure that the states get their full dues of the compensation in the current year itself

Oppn-ruled states dismiss Centre's 2 options on GST compensation shortfall

Meet today to outline strategy on compensation

GST Council needs to work out revenue shortfall issue: Sushil Modi

The GST Council will have to work out a mid way solution for making good the GST collection shortfall, Bihar Deputy CM Sushil Modi has said.

States to bear interest burden for borrowing Rs 2.35 trn shortfall in GST

Finance Ministry gives states two options for meeting shortfall in collection; GST Council meet to discuss matter

Top headlines: States to borrow Rs 2.35 trn, Ladakh situation 'serious'

Here are the top headlines of the day

GST Council meet: States to push for borrowing by Centre on Thursday

Our worst fears are now coming true, Amit Mitra writes to Sitharaman

Govt notifies interest on delayed GST on net basis from September 1

This, however, goes against the decision by the GST Council in the March meeting

Auto stocks rally as GST Council set to mull tax cut on two-wheelers

The GST meeting on September 17 might take up the two-wheeler rate issue to spur sales ahead of the festive season

States should be allowed to levy, collect taxes: Chhattisgarh CM Baghel

I believe there should be a review of how GST has been implemented. My view is that there needs to be a rethink on GST, the CM said

States to pitch for dispute resolution system at GST Council meet on Aug 27

Punjab FM says not paying cess amounts to sovereign default

GST Council-like authorities for land, labour, power must for reforms: RBI

"In fact, Goods and Services Tax (GST) Council type of apex authorities can be set up in respect of land, labour and power to drive structural reforms," RBI said in its 2019-20 annual report

Tax non-virginia tobacco to earn upto Rs 40,000 cr revenue: SHG to FM

The NGO has appealed to the finance minister ahead of GST Council meet to bring smokeless and non-virginia tobacco under a taxation structure

Single-agenda GST Council meeting on Aug 27 to discuss compensation

Likely to be a stormy affair with divergent views on market borrowing; Next meeting on September 19