Page 44 - Gst

No easing GST rate, automakers should cut royalty payments: FinMin sources

They say companies should cut royalty payments to parents abroad instead of asking GST cut to tide over Covid crisis

Himachal Pradesh's GST share of Rs 1,628 cr for Apr-Jul pending with Centre

Himachal Pradesh's Goods and Services Tax (GST) share of Rs 1,628 crore is pending with the central government, Chief Minister Jai Ram Thakur said on Thursday

AAR says GST be imposed on wellness centres depending on services offered

Case, relates to applicant Oswal Industries; authority observes that three types of rooms are offered by the applicant and therapy is strictly on residential basis

GST compensation options: 13 states opt for offer, 6 to decide soon

The Centre had last month offered two options to states to compensate them under GST regime

Popular leaders and patchy economic legacies: Can Modi buck the trend?

The last three PMs who served full terms started out in their early 70s. Mr Modi is younger and fitter. Now he needs to find it in him to change course if he is to beat economic odds, writes T N Ninan

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

States' unhappiness index on the rise

Centre's proposals on settling states' demand for GST compensation can throw up new challenges

Reason for historic decline in GDP is Govt's Gabbar Singh Tax: Rahul Gandhi

Congress leader alleged that the result of NDA's GST is that for the first time, the Central government is unable to give money to States collected through tax

GST compensation row: What the Centre and state govts disagree on

Here's a quick breakdown of the relevant details

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

Consider simple, legally viable ways to provide GST dues: Kejriwal to PM

He said the servicing and ultimate repayment of a loan through the states will also be similarly "cumbersome and circuitous"

The GST is at a crossroads, it needs a political fix, not a legal one

Without doubt, negotiation on GST compensation will be contentious. Time for Centre and states to show true leadership and salvage it

CM Bhupesh Baghel demands Rs 2,828 Cr from Centre as GST compensation

A meeting of State Finance Secretaries with the Union Finance Secretary and Secretary (Expenditure) is scheduled to be held on September 1, 2020, for clarifying issues, if any

Kerala rejects Govt's proposal of borrowing by states to meet GST shortfall

Kerala will reject "lock, stock and barrel" the Centre's proposal of borrowing by states to meet GST revenue shortfall, state finance minister Thomas Isaac said

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

BJP govt attacked unorganized economy with note ban, GST, lockdown: Rahul

Rahul Gandhi launched a scathing attack on the BJP govt and said the central government has attacked the country's unorganized economy in the last six years attempting to turn people into slaves

Telecom sector revenue expected to rise 15% in FY21 on higher ARPU: COAI

The industry's revenue, Kochhar said, will grow at 14-15 per cent in FY21, led by some improvement in average revenue per user

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

Govt writes to states, suggests borrowing options to meet GST shortfall

States could borrow via a special window centre will facilitate through the RBI or they may raise debt from the market, says finance ministry

States' GST revenue shortfall can be bridged by monetising debt, NSSF: SBI

The Centre said a special window can be provided to the states, in consultation with the RBI, for borrowing at a reasonable interest rate