Page 25 - Gst

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

Haryana Deputy CM seeks Rs 5,840 crore GST compensation from Centre

Haryana Deputy Chief Minister Dushyant Chautala has requested the Centre to pay the state's GST compensation of Rs 5,840 crore at the earliest that has been pending for the past four months

Centre gives states two options to meet GST compensation cess shortfall

States given two options to borrow: Rs 97,000 crore or Rs 2.35 trillion, burden of repayment on extension of cess period

GST uncertainty continues

Confusion and delays could increase Centre-state friction

LIVE: Students want NEET, JEE exams to be held, says Education Minister

'We have received mails from students and parents who are in favour of holding exams', said the minister. Stay tuned news LIVE updates

Interest on delayed GST can be paid on net basis from Sept 1: Centre

Though notification comes with effect from September, Centre assures that the same will apply from retrospective effect after all-round criticism

Bajaj Auto, TVS Motor, Hero MotoCorp: How to trade news-driven auto stocks

Two-wheeler stocks look good on the charts from a medium-term perspective. Here are the key levels you need to keep a tab on.