Speaking in the assembly while presenting the interim budget, Thennarasu said that in a federal polity, States have often been treated unfairly, but the scale of challenges Tamil Nadu faces in the current financial year is unprecedented.
Placing its stand on record, the Centre contended that the GST Council, constituted under Article 279A of the Constitution, is an instrument of cooperative federalism comprising the Union and all States, and is the sole body empowered to recommend GST rates, exemptions and classifications
The Goods and Services Tax (GST) collections in December, in gross terms, rose 6.1 per cent to about 1.74 lakh crore compared to about 1.64 lakh crore in the same month last year, according to official data released Thursday.
Kapil Madan, the petitioner in a PIL related to air pollution, told the Delhi High Court that the plea seeks a reduction in GST on air purifiers from 18 per cent to 5 per cent.
The Delhi High Court on Wednesday urged the Goods and Services Tax (GST) Council to convene at the earliest to deliberate on whether air purifiers should be classified as medical equipment.
"The Central government amended the Central Goods and Services Act of 2017, particularly section 121 to 134 of the finance Act 2025. This was passed by Parliament and enacted in 2024. These changes also came into effect on October 2025 after more than half of the states updated their GST.
The net revenue shortfall arising from the recent Goods and Services Tax (GST) rationalisation, estimated at around 0.1 per cent of GDP for the current fiscal, is expected to be offset by the higher dividend transfer from the Reserve Bank of India (RBI), noted a report by CareEdge Ratings.
The Goods and Services Tax (GST) collections in October, in gross terms, rose 4.6 per cent to about 1.95 lakh crore compared to about 1.87 lakh crore in the same month last year, according to official data released Saturday.
The recent GST reduction across a wide variety of products and services will, similar to other states and UTs, also impact Ladakh's rich economy, bringing relief to artisans, farmers, and small enterprises.
Basavaraj Bommai, a former Karnataka Chief Minister, referred to Siddaramiah's remarks on GST reforms campaign by the Centre and said these are benefitting people.
Congress leader Pramod Tiwari on Tuesday targeted the government over its campaign concerning GST reforms and said people know that they had to bear "increased GST" for eight years, and it has been partially reduced on some products now.