Latest News on Revenue Loss
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Revenue Loss - Total results - 9
Aug 10, 2018
GST compensation worth Rs 52,077 cr paid to states/UTs in eleven months, says governmentUnder the Goods and Services Tax (GST), implemented on 1 July, 2017, the Centre has to compensate states/UTs for loss of their revenue on account of implementation of the new indirect tax regime.
Dec 27, 2017
GST compensation to states: Lok Sabha passes bill for hike in cess on luxury cars to 25%The Bill replaces Ordinance which provided for a hike in GST cess on a range of passenger vehicles from mid-size to hybrid variants and luxury cars to 25 percent
Dec 07, 2017
RBI holds rate at 6%: Policy a firm statement of independence by MPC; growth is for govt to take care ofThe RBI will not budge on interest rates as inflation threat looms. The statement seems to be clear on this.
Jul 31, 2017
GST not an easy reform to implement, evoked great public support, says Arun JaitleyFollowing the rollout of GST, the number of registrants originally paying taxes like VAT, Excise and Service Tax, which was around Rs 80 lakh, has been growing said Jaitley
Jul 22, 2017
FTII suffered Rs 12 crore loss as students are not completing courses on time: CAG reportThe Pune-based FTII has suffered revenue loss of nearly Rs 12 crore on account of students not completing their courses on time, the CAG said
May 01, 2017
BJP's refusal to tax rich farmers shows party lacks courage to rise over vote bank politics a la CongressThe BJP which came to power on the pretext of nationalism and often dissed Congress for its vote bank politics unfortunately also lacks the courage to upset the rich farmers who control the vote bank
Feb 21, 2017
Mukesh Ambani's Reliance Jio to start commercial launch from April; industry heaves a sigh of reliefSalgaonkar also said that the top 3 telcos – which means Bharti, Vodafone and Idea - will continue to invest in building capacity to compete with RJio
Jan 04, 2017
GST: States demand tax on high sea sales, higher compensationDay 1 of the panel meeting did not take up the contentious issue of control of assesses which had been till now holding up roll out of Goods and Services Tax (GST) regime
Dec 19, 2014
Will support GST bill only if states are compensated for revenue loss, says MamataThe West Bengal government would support the Goods and Service Tax (GST) Bill only if the states were fully compensated for the revenue loss, Chief Minister Mamata Banerjee said on Friday.