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Total 94 results found. Search for [ gst council options ]

Results 1 to 21 of 94
BusinessToday.In
October 15, 2020
The government on Thursday said that it will borrow an estimated shortfall to bridge the goods and services tax (GST) revenue shortfall of Rs 1.1 lakh crore


BusinessToday.In
October 14, 2020
Tamil Nadu is the latest state to join the bandwagon to raise an additional amount of Rs 9,627 crore through open market borrowings


BusinessToday.In
October 13, 2020
The government on Tuesday gave permission to 20 states to raise an additional Rs 68,825 crore through open market borrowings


BusinessToday.In
October 13, 2020
As many as 21 states -- which are BJP-ruled or have supported it on various issues -- have opted to borrow Rs 1.10 lakh crore to meet the compensation shortfall


Dipak Mondal
October 13, 2020
FM Nirmala Sithraman while insisted that there is no dispute between the some of the states and the Centre on the issue, she admitted the Council is yet to reach unanimity on the issue of plugging the compensation gap


BusinessToday.In
October 12, 2020
Finance Minister Nirmala Sitharaman on Monday said that the goods and services tax (GST) Council could not reach a consensus in the meeting on the issue of compensation


PTI
October 12, 2020
In August, the Centre gave two options to the states to borrow either Rs 97,000 crore from a special window facilitated by the Reserve Bank of India or Rs 2.35 lakh crore from the market


BusinessToday.In
October 12, 2020
Opposition states says Centre needs to find a common ground on the issue. They say they would move the Supreme Court in case the government put pressure on them and implement option 1


BusinessToday.In
October 11, 2020
Talking about the borrowing options, the source said that the majority of states would opt for the first option. So even if there is a voting, the first option is most likely to win


Dipak Mondal
October 5, 2020
Centre assured that the states that they will not be denied compensation even if they don't opt for either of the two borrowing options; compensation cess of Rs 20,000 crore will be disbursed tonight


Dipak Mondal
October 5, 2020
Thomas Isaac said compensation gap can only be discussed when Centre adheres to no bifurcation of revenue shortfall for compensation and no linking of compensation to borrowing limits of states


BusinessToday.In
October 5, 2020
Opposition-ruled states are expected to come up with a third alternative option but NDA-ruled states may ask Centre to fast-track borrowing process to tide over financial losses incurred due to COVID-19


PTI
October 4, 2020
Opposition-ruled states are likely to object to the Centre's borrowing options and demand alternative mechanism for funding GST compensation deficit during GST Council meet on October 5


PTI
October 4, 2020
In the current fiscal, the states are staring at a staggering Rs 2.35 lakh crore Goods and Services Tax (GST) revenue shortfall


Dipak Mondal
September 20, 2020
Finance Ministry sources said that the GST Council with full presence of states and UTs needs, as per the GST Act, only 20 states to pass any resolution, in case voting is required on any issue


BusinessToday.In
September 19, 2020
Nirmala Sitharaman says GST compensation will have to be paid from compensation cess kitty only; states are staring at GST revenue shortfall of around Rs 2.35 lakh crore, of which Rs 97,000 crore is believed to on account of GST compensation


Niti Kiran
September 14, 2020
According to the details shared by the Minister of State for Finance Anurag Singh Thakur in Lok Sabha, states such as Mizoram and Goa are staring at the widest shortfall of nearly 43 per cent in the comparable period


Dipak Mondal
September 13, 2020
Congress-ruled states, Kerala, West Bengal and Delhi are yet to decide


BusinessToday.In
September 12, 2020
The GST Council meeting comes hot on the heels of the ongoing conflict between states and the Centre over the issue of Rs 2.35 lakh crore GST shortfall


PTI
September 10, 2020
In the current fiscal, the compensation requirement of states has been estimated at Rs 3 trillion, of which Rs 65,000 crore would be funded from the revenues garnered by the levy of cess


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