Search For "shortfall"
Centre to transfer Rs 6,000 crore as second tranche of GST compensation to
Updated : 5 years, 4 months ago IST
New Delhi [India], November 2 (ANI): The Union Finance Ministry will release an amount of Rs 6,000 crore as second tranche to 16 states and three Union Territories (UT) on Monday under the 'Special Window to States for meeting the GST Compensation Cess shortfall', according to an official
Read More
IMF approves USD 156 million for Cameroon to finance COVID-19 response
Updated : 5 years, 4 months ago IST
Washington [US], October 22 (ANI/Sputnik): Cameroon will receive emergency aid totalling USD 156 million to help cover a shortfall in the nation's budget and balance of payments due to the coronavirus pandemic, the International Monetary Fund (IMF) said in a press release on Wednesday.
Read More
Tamil Nadu gets permission to borrow additional amount of Rs 9,627 crore
Updated : 5 years, 5 months ago IST
New Delhi [India], Oct 14 (ANI): The Department of Expenditure under Ministry of Finance on Wednesday granted permission to Tamil Nadu to raise an additional amount of Rs 9,627 crore through open market borrowings.
Read More
Centre, state consolidated fiscal deficit may touch 13 pc of GDP: SBI
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 1 (ANI): The consolidated fiscal deficit of the Centre and state governments may touch 13 per cent of GDP in the current financial year, State Bank of India's research report Ecowrap said on Thursday.
Read More
Punjab CM orders augmentation of medical oxygen supplies from within, outs
Updated : 5 years, 5 months ago IST
Chandigarh (Punjab) [India], September 22 (ANI): Punjab Chief Minister Captain Amarinder Singh on Tuesday ordered augmentation of medical oxygen supplies from within and outside the state to ensure that there is no shortfall.
Read More
GST compensation: 21 states prefer borrowing option 1, no takers yet for o
Updated : 5 years, 5 months ago IST
New Delhi [India], September 20 (ANI): On the issue of Goods and Services Tax compensation, at least 21 States/Union Territories till date have preferred to opt for borrowing option 1 proposed by the GST Council to meet their compensation shortfall, said the Finance Ministry sources on Sunda
Read More
Sellers of tea in Assam's Guwahati face economic hardships due to pandemic
Updated : 5 years, 6 months ago IST
Guwahati (Assam) [India], September 16 (ANI): Tea leaves sellers in Guwahati said that they are facing economic hardships as the sales have decreased due to the rise in prices owing to production shortfall amid COVID-19 pandemic and floods in the state.
Read More
13 States opt for Centre's borrow plan to fund GST shortfall
Updated : 5 years, 6 months ago IST
New Delhi [India], September 13 (ANI): At least 13 states have given their borrowing options proposed by Goods and Services Tax (GST) Council to meet their compensation shortfall so far.
Read More
States may cut FY21 capex by Rs 3 lakh crore due to GST shortfall: ICRA
Updated : 5 years, 6 months ago IST
New Delhi [India], Sep 10 (ANI): States may have to significantly cut their expenditure by as much as Rs 3.4 lakh crore in the current fiscal if they are not paid full compensation relating to Goods and Services Tax (GST), investment information agency ICRA has said.
Read More
TMC will stage protest in WB against Centre: Partha Chatterjee
Updated : 5 years, 6 months ago IST
Kolkata (West Bengal) [India], September 2 (ANI): All India Trinamool Congress (TMC) will stage a protest across West Bengal on September 8, 14, and 20 over the "Centre's failure to pay Goods and Services Tax (GST) dues to states citing revenue shortfall."
Read More
GST issue: Mamata Banerjee writes to PM Modi for intervention
Updated : 5 years, 6 months ago IST
Kolkata (West Bengal) [India], September 2 (ANI): West Bengal Chief Minister Mamata Banerjee on Wednesday wrote a letter to the Prime Minister Narendra Modi on Centre's failure to pay Goods and Services Tax (GST) dues to states citing revenue shortfall, and urged him to "intervene" on the ma
Read More
Options given for bridging GST revenue shortfall will put onerous burden o
Updated : 5 years, 6 months ago IST
New Delhi [India], September 1 (ANI): Delhi Chief Minister Arvind Kejriwal on Tuesday wrote a letter to Prime Minister Narendra Modi stating that the two options that have been given to states by the Finance Ministry to make up for shortfall in the goods and services tax (GST) compensation c
Read More