Seven non-BJP-ruled States seek GST loss compensation
The Hindu
The Finance Ministers of non-BJP-ruled States raised their demands at a virtual meeting hosted by Rajasthan Minister Shanti Dhariwal ahead of the GST Council's meet scheduled for May 28.
Seven States ruled by the Congress and other Opposition parties have demanded that the Centre compensate tax losses to the States under the provisions of the Central Goods and Services Tax (GST) Act at the earliest and enhance the additional borrowing limit to 5% of the Gross State Domestic Product. Also read: The Finance Ministers of non-BJP-ruled States raised the demands at a virtual meeting hosted by Rajasthan Urban Development and Housing Minister Shanti Dhariwal here ahead of the GST Council's meeting scheduled for May 28. The States also sought waiving of all taxes on the goods purchased for fighting the COVID-19 pandemic.
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