The centre vs states stand-off over Rs 2.35 lakh crore due in GST compensation and Covid-related relief payments will be placed before the Attorney General, Finance Ministry officials told a parliamentary panel Friday afternoon
Senior Congress leader P Chidambaram today said the Centre's reported proposal of giving "letter of comfort" to states to borrow money to bridge the GST compensation gap were "just words of comfort" on a piece of paper that has "no value".
Congress leader Rahul Gandhi released a new video today targeting Prime Minister Narendra Modi and the central government for "destroying the unorganized sector" - which he had earlier called the backbone of the Indian economy - with the "sudden" nationwide lockdown to check the spread of the coronavirus.
Former Finance Minister and senior Congress leader P Chidambaram today tweeted a series of measures to boost consumption and raise money, including paying GST arrears to states, to pull the country's economy out of its sharpest nosedive on record.
Congress leader Rahul Gandhi this morning tweeted a fresh video to attack the government as he blamed the ruling BJP for a record 23.9 per cent contraction in the economy, linking it with the controversy over the Goods and Services Tax.
Jharkhand Chief Minister Hemant Soren wrote to Prime Minister Narendra Modi on the centre not giving full Goods and Services Tax (GST) compensation to the states, saying this "act of sovereign default" runs against the very spirit of the cooperative federalism.
Karnataka Chief Minister BS Yediyurappa "lacks courage" to fight against "the injustice", senior Congress leader Siddaramiah claimed on Thursday, as he hit out at the state government for accepting the Centre's option of borrowing to meet the shortfall in GST revenues.
The Congress on Thursday accused the Modi government of pushing the country towards an economic collapse and a financial emergency, and said noteban, GST and lockdown were "disaster strokes" not "master strokes".
The Congress today accused the Modi government of pushing the country towards an economic collapse and a financial emergency, and said notes ban, GST and lockdown were "disaster strokes" not "master strokes".
As a pilot project for clean mobility EESL had ordered 10 KonaElectric SUVs in the year 2019.
The BJP-ruled Karnataka today said it has decided to opt for the first among the two options offered by the Central government for borrowing to meet the shortfall in GST revenues, under which the state will be eligible for a total compensation of Rs 18,289 crore.
The chief ministers of six non-BJP-ruled states have written to the centre to remind it of its "constitutional" responsibilities in the stand-off over the Rs 2.35 lakh crore shortfall in GST compensation and financial relief (from the pandemic) due to states. Mamata Banerjee (Bengal), Pinarayi Vijayan (Kerala), Arvind Kejriwal (Delhi), Edappadi K Palaniswami (Tamil Na...
Telangana Chief Minister K Chandrasekhar Rao has urged Prime Minister Narendra Modi to drop the proposal asking the states to go for borrowing to meet the shortfall in the GST compensation and said the Centre can itself take up the entire financing.
Delhi Chief Minister Arvind Kejriwal today wrote to Prime Minister Narendra Modi, urging him to consider more legally viable and sustainable options for providing GST dues to states to help them tide over the COVID-19 financial crisis.
................................ Advertisement ................................
Opinion | Why States, Not Centre, Should Get All The Credit For GST 'Savings'Derek O’Brien
Wednesday October 22, 2025Amidst all the hoopla, it is the State governments that truly deserve recognition for coming together for the GST revision. Because the States are the ones bearing the brunt of massive revenue losses.
Opinion: GST Cut, Inflation Under Control: Optimism As Festival Season ApproachesBharti Mishra Nath
Friday September 19, 2025Away from politics, floods, rain-related tragedies and the Trump tariffs, there is optimism in the air. With GST rationalized, inflation in control, the upcoming festival season promises good times.
Opinion | Next-Generation GST: A Reform That Places The Middle Class At The CentrePradeep Bhandari
Saturday September 06, 2025By ensuring both direct tax relief and rationalised indirect taxes, the government has empowered the common citizen to save more, spend more, and aspire more.
Opinion | Observations From A Student of Political Communication - By Derek O'BrienDerek O’Brien
Friday September 05, 2025For a student of political communication, this week has been fodder. The language used to describe GST reforms has been nothing short of grand. "Landmark". "Biggest ever since the 1990s". The Opposition has been advocating for such 'reforms' for eigh
................................ Advertisement ................................

