GST compensation: Centre committing 'sovereign default' by not paying pending dues to states, says Congress
Congress leaders demanded that states should be compensated for the estimated Rs 6 lakh crore loss in revenues due to the COVID-19 pandemic
No timeline to remove I-T exemptions; intention to give simplified reduced rate of income tax: Nirmala Sitharaman
Addressing a post-Budget press conference on 1 February, Sitharaman had said the government intended to remove all I-T exemptions in the long-run.
Over the years, Jammu and Kashmir had been at the receiving end of substantial financial support by the Centre