States request Jaitley for early release of CST compensation
Majority states in their pre-budget meeting with Finance Minister Arun Jaitley Saturday demanded the Centre should release the long pending compensation for phasing out Central Sales Tax (CST) and provide for such funds in the upcoming Budget.
Feb 06, 2016, 20:24 PM IST
Jayant Sinha doesn't see any opposition to GST
The long-pending Goods and Services Tax (GST) Bill was on Friday moved in the Lok Sabha for consideration amid stiff resistance by several Opposition parties.
Apr 25, 2015, 20:57 PM IST
Govt approves Rs 33,000 cr CST compensation to states/UTs
Government Tuesday approved the release of Rs 33,000 crore in tranches to states and Union Territories to compensate them for revenue loss on account of phasing out of Central Sales Tax for three financial years up to 2012-13.
Mar 17, 2015, 23:09 PM IST
Rs 32,800 cr paid to states to compensate for CST loss: Sinha
The Centre Friday said it has paid Rs 32,800 crore to states as compensation for phasing out of Central Sales Tax in the run-up to roll-out of Goods and Services Tax.
Mar 13, 2015, 17:46 PM IST
Govt seeks Parl nod for Rs 11000 cr CST compensation to states
Government Monday sought approval of Parliament to release about Rs 11,000 crore to states and union territories to compensate them for revenue loss on account of phasing out of Central Sales Tax (CST).
Mar 09, 2015, 19:15 PM IST
Govt seeks Parliament nod for additional Rs 36,953 cr spending
The government today sought an approval from Parliament for an additional Rs 36,952.86 crore as the final batch of supplementary demands as part of grants for 2014-15 to meet the expenditure, mainly towards CST compensation to states and higher outgo for food subsidy.
Mar 09, 2015, 15:11 PM IST
States to get 1-year grace period for implementing GST
States will get one-year time to implement the provisions of Goods and Services Tax (GST) after introduction of the new indirect tax regime from April 2016.
Dec 30, 2014, 18:03 PM IST
