-Newsclick.in Finance Minister Nirmala Sitharaman invoking ‘Act of God’ to deny states their promised dues, not only violates an Act of Parliament but also defies economic logic. When the Goods and Services Tax (GST) was introduced, and states virtually gave up the power to levy indirect taxes which they had enjoyed under the Constitution, the Centre had solemnly promised that it would compensate them for five years for any revenue shortfall arising...
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Massive losses for farmers as floods ruin crops in Gujarat
-The Hindu Government has begun assessment of damage and will pay Compensation: Minister Floods caused by incessant rains in parts of Gujarat have nearly ruined crops in more than eight lakh hectares leaving farmers, who expected bumper yield with the onset of monsoon, devastated. Farmers particularly in the Saurashtra region have been hugely hit as floods have destroyed their groundnut and cotton crops, the mainstay of agriculture. Pulses and sesame have also been...
More »Six States forge unity on GST Compensation
-The Hindu ‘Centre should borrow loan and pay dues instead of asking States to do so citing fall in collections’ Hyderabad: Six State governments, including Telangana, on Monday bounced back the Centre’s offer made to them to borrow loan and meet their GST Compensation in view of shortfall in collections due to the COVID-19 pandemic. At a video conference of Finance Ministers, Telangana apart, West Bengal, Kerala, Chhattisgarh, Delhi and Punjab governments, arrived...
More »NHRC notice to Gujarat Chief Secy over ‘falsely implicating’ lawyer in criminal case -Parimal A Dabhi
-The Indian Express The victim lawyer has been identified as Bilal Kagzi (39), a native of Kosamba village of Mangrol tehsil in Surat district. Gandhinagar: The National Human Rights Commission (NHRC) has issued a show-cause notice to the Chief Secretary of Gujarat as to why the state government should not pay Rs 1 lakh as Compensation to a human rights lawyer in South Gujarat who was “admittedly” falsely implicated in a criminal...
More »Centre must borrow and pay States’ GST dues: Kerala
-The Hindu State rejects Centre’s options; to work for consensus among States. THIRUVANANTHAPURAM: Kerala has rejected the two options for Goods and Services Tax (GST) Compensation mooted by the Centre at the 41st GST Council meeting earlier this week. Instead the State has asked the Centre to take a loan and provide Compensation to the States. “We have decided to inform the Centre in writing that the State cannot agree to the two...
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