Gst Compensation Cess Fund

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Govt used GST compensation cess elsewhere, violated law: CAG

The CAG has found that the Union government in the very first two years of the GST implementation wrongly retained Rs 47,272 crore of GST compensation cess that was meant to be used specifically to......

GST cess: FinMin refutes CAG charges

Finance ministry sources have countered CAG audit finding of central government wrongly retaining Rs 47,272 crore of GST compensation cess meant for states, saying temporary retention cannot be......

GST compensation fund likely to fall short by Rs 25,000 cr in FY20

In the current financial year, the Centre released nearly Rs 1 lakh crore compensation to the states till September. Illustration: Dominic Xavier/Rediff.com Pegging the unpaid GST compensation to......

Centre releases Rs 36,400-cr GST compensation to states

Under the law, states were guaranteed to be paid for any loss of revenue in the first five years of the GST implementation from July 1, 2017. Illustration: Uttam Ghosh/Rediff.com The Centre has......

What is compensation cess and how will it help govt cuts fiscal deficit?

The Centre has projected reining in its fiscal deficit at 3.3 per cent of GDP in FY19. Illustration: Uttam Ghosh/Rediff.com The Centre will get roughly Rs 20,000 crore (Rs 200 billion) from a......

Gst Compensation Cess Fund

News for Gst Compensation Cess Fund

Govt used GST compensation cess elsewhere, violated law: CAG

GST cess: FinMin refutes CAG charges

GST compensation fund likely to fall short by Rs 25,000 cr in FY20

Centre releases Rs 36,400-cr GST compensation to states

What is compensation cess and how will it help govt cuts fiscal deficit?

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