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Friday, March 29, 2024
TopicState GST

Topic: State GST

Centre paid Rs 6,140 cr to Maharashtra out of Rs 46,950 cr GST dues, says Governor Koshyari

Addressing the joint sitting of members of state Legislature Monday, Bhagat Singh Koshyari said compensation to the tune of Rs 29,290 crore is overdue from the central government.

52% higher borrowing, big drop in revenue — why states are despairing about their finances

Contraction in economy due to lockdown, extra spending on Covid and shortfall in GST compensation have left states scrambling for money.

Why Centre and not states should borrow to resolve GST compensation impasse

Central govt has argued that states have more headroom to borrow, but estimates suggest that states’ borrowing costs are at least 0.5 percentage points higher.

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.