Revenue shock to hit state capex as GST compensation ends
With stagnated "own tax revenue", states face double whammy as GST compensation on which they continued capex push had ended and Centre's tax collection is set to dip in FY23.
gst compensation to states
July 2022
June 2022
May 2022
Chhattisgarh minister T.S. Singh Deo writes to FM seeking extension of GST compensation
Deo pointed out in the letter that states need to be compensated beyond 2022 as they are still suffering great losses.
Govt clears entire GST compensation dues of states
The Centre says this decision has been taken despite the fact that only about ₹25,000 crore is available in the GST Compensation Fund.
