TN yet to receive around Rs 70k cr: FM

Tamilnadu Finance Minister Palanivel Thiyagarajan has said that around Rs 70,000 crore to Rs 80,000 crore revenue due for Tamilnadu has not been received. He said that a white paper will be released on this issue soon. Continue Reading

Centre, States agree not to revise GST rates during corona

GST rates in the country are unlikely to witness any change during the pandemic as the Centre and states have agreed not to disturb the indirect tax structure in wake of the current economic situation where growth has contracted and industrial activity has come to a standstill. Continue Reading

Finance Ministry says entire GST dues to be paid to States

The Centre has reached out to the states again clarifying that it would pay entire GST compensation dues to them amid the mounting opposition over the borrowing options proposed in lieu of the shortfall in indirect tax collections. Continue Reading