HomeEconomicsBudget demands from the States: 60% GST share and longer compensation period

Budget demands from the States: 60% GST share and longer compensation period

Economics

Published on

By lapaasindia
spot_img
  • In their customary pre-Budget meeting with Union Finance Minister Nirmala Sitharaman on Friday, state finance ministers demanded more fiscal autonomy by pushing for an increase in the states’ percentage of the goods and services tax (GST).
  • The demand was to increase it to 60% from the current 50% and a five-year extension of the GST compensation period.

Latest articles

Stock Market

Adani Group plans $84 billion in the next 10 years : CFO

Adani Group plans to invest Rs 7 trillion ($84 billion) in infrastructure over the...
Business

Indian banks set 10-year record with 123,000 hirings in FY23

Indian banks experienced a notable surge in hiring during FY23, reaching a decade-high in...
Stock Market

Ahead of IPO, Mamaearth sold excess stock of its products to distributors

Honasa Consumer, the parent company of Mamaearth, distributed excess stock through its offline supply...
Others

CarDekho acquires Revv to enter car rental space

CarDekho, an autotech unicorn, acquired Revv, a self-drive car rental service. Revv's services will be...

More like this

Stock Market

Adani Group plans $84 billion in the next 10 years : CFO

Adani Group plans to invest Rs 7 trillion ($84 billion) in infrastructure over the...
Business

Indian banks set 10-year record with 123,000 hirings in FY23

Indian banks experienced a notable surge in hiring during FY23, reaching a decade-high in...
Stock Market

Ahead of IPO, Mamaearth sold excess stock of its products to distributors

Honasa Consumer, the parent company of Mamaearth, distributed excess stock through its offline supply...

We help you to learn,understand and update all the current affairs related to the business and startup world.

© Lapaas Voice