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Sukhu accuses BJP of fiscal mismanagement
Sukhu in his reply to the Governor’s address said that the present government is improving it through Vyvastah Parivartan, “which the Opposition is not liking who had engaged in fiscal mismanagement”.
Published on Mar 14, 2025 07:10 AM IST
HT Correspondent, Shimla
Will take up issues concerning state with Union ministers, says Himachal CM
Sukhu said that during the tenure of the present state government, the pace of development in Himachal Pradesh has significantly increased, with enhanced revenue generation supporting infrastructure and public welfare initiatives
Updated on Dec 26, 2024 05:10 AM IST
Shailee Dogra, Shimla
Dharmani urges Centre to exempt Himachal’s share in railway projects
Technical education minister Rajesh Dharmani, in a pre-budget meeting held at Jaisalmer, urged the finance minister that the ongoing railway — Bhanupalli-Bilaspur rail project and Chandigarh Baddi railway projects— should be purely implemented by the central government
Updated on Dec 21, 2024 10:33 PM IST
Shailee Dogra, Shimla
Cheema advocates for continuation of GST compensation regime
Punjab finance minister Harpal Singh Cheema emphasised that the GST Council, as per the Goods and Services (Compensation to States) Act, 2017, has the mandate to recommend extending the compensation period beyond five years
Published on Dec 02, 2024 10:35 PM IST
HT Correspondent, Chandigarh
Decline in Mumbai’s revenue post-octroi worrisome, finds Praja report
Mumbai's tax revenues are declining post-octroi abolition, with property tax collections down. Experts call for reforms to improve municipal finances
Updated on Sep 28, 2024 09:21 AM IST
Expert guide on employee satisfaction: How to improve your team's well-being
The death of EY's Anna Sebastian shows how overwork culture has deep roots in India's corporate landscape. Here's how to improve employee well-being
Published on Sep 20, 2024 03:06 PM IST
Aadrika Sominder
Himachal faces financial crisis, CM Sukhu, ministers defer drawing salary
The chief minister laid out a statement on the financial condition of Himachal Pradesh, claiming that the funds from the Centre had not reached the state.
Published on Aug 29, 2024 11:17 PM IST
Entire GST compensation cess dues will be cleared, announces Nirmala Sitharaman
"As of May 31, we cleared all the dues. There was something left in the name of dues for June. Even that is getting cleared," Nirmala Sitharaman said announcing the clearance of all GST dues to the tune of ₹16,982 crore.
Published on Feb 18, 2023 06:10 PM IST
GST compensation, disaster fund states’ top demands at Niti Aayog meet
While Chhattisgarh chief minister Bhupesh Baghel pointed at the loss of revenue to states due to the GST tax system which came into force in July 2017, his West Bengal counterpart, Mamata Banerjee, said state governments should not be pressurised to implement the National Education Policy (NEP).
Updated on Aug 08, 2022 01:57 AM IST
HT Correspondent, New Delhi
Afternoon brief: Commodities in packs of over 25kg won’t attract GST, says govt
Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times.
Published on Jul 18, 2022 01:01 PM IST
HT News Desk, New Delhi
Govt collect over ₹1,12,000 crores GST in August
The finance ministry, led by Nirmala Sitharaman, also stated that the revenues from domestic transactions (including import of services) were 27% higher in August than the revenues from these sources during the same month last year.
Updated on Sep 01, 2021 02:23 PM IST
hindustantimes.com, Hindustan Times, New Delhi
New business registrations pick up in June
There has been a 16.7% jump in the incorporation of businesses in June compared to May, when 14,269 businesses were registered, including companies and LLPs.
Published on Jul 13, 2021 12:13 AM IST
Gireesh Chandra Prasad, New Delhi
Supply of food to pre-schools, anganwadis, mid-day meals exempt from GST
Supplying food to schools under mid-day meal scheme, pre-schools and anganwadis is exempt from GST, the Central Board of Indirect Taxes and Customs (CBIC) has said.
Published on Jun 18, 2021 06:12 PM IST
PTI | , New Delhi
Govt releases GST compensation of ₹5,000 crore for states in 17th installment
Till now, 91% of the total estimated GST compensation shortfall has been released to the states and UTs with Legislative Assemblies.
Updated on Feb 20, 2021 02:38 PM IST
hindustantimes.com | Edited by Arpan Rai, New Delhi
Centre releases ₹1 lakh crore GST compensation to states since Oct 2020
The ministry on Friday released the 17th weekly instalment of ₹5,000 crore to 23 states and 3 Union Territories (Delhi, Jammu & Kashmir & Puducherry).
Published on Feb 20, 2021 01:41 PM IST
PTI | , New Delhi
Over ₹2.06 lakh crore GST compensation to states due for Apr-Nov
Minister of state for finance Anurag Singh Thakur, in a written reply in the Lok Sabha, said The provisional GST compensation due for fiscal 2020-21 (April-November) stands at ₹2,06,461 crore. While GST compensation of ₹40,000 crore has been released to all states/UTs.
Updated on Feb 08, 2021 08:07 PM IST
PTI | , New Delhi
Gehlot writes to Modi, seek GST compensation to states for five more years
In a letter, Gehlot said the economic activities have resumed after the end of the nationwide lockdown imposed in March to check the pandemic, but they are far from reaching the normal levels. He added as such the payment of GST compensation to the states up to June 2022 be extended by five years.
Published on Jan 30, 2021 01:39 PM IST
Jaykishan Sharma, Jaipur
GST compensation to states a legal obligation, Ashok Gehlot tells PM Modi
Ashok Gehlot said under the GST (Compensation to States) Act, 2017, states are guaranteed compensation for loss of revenue on account of implementation of GST for a transition period of five years, starting from 2017.
Updated on Sep 08, 2020 07:51 AM IST
Hindustan Times, Jaipur | HT Correspondent
Chhattisgarh CM tells Centre to borrow to pay GST compensation
Bhupesh Baghel said that under the current circumstances, a more practical and logical step for the Central government would be to take a loan and provide GST compensation amounts to the states
Published on Aug 31, 2020 11:11 PM IST
Hindustan Times, Raipur | Ritesh Mishra
GST compensation may jump 89% in FY-21 at Rs 3.12 lakh crore
States and union territories (UTs) may require a whopping Rs 3.12 lakh crore GST compensation in the current financial year because of a sharp fall in the tax revenue, as the economy has been hit by Covid-19 pandemic and the 68-day nationwide lockdown
Updated on Aug 27, 2020 09:55 AM IST
Hindustan Times, New Delhi | Rajeev Jayaswal
Centre releases ₹2,866 crore as GST compensation to Punjab
Punjab has been among the states with highest shortfall in revenue collection so far and dependent on compensation to some extent
Updated on Jun 06, 2020 12:22 AM IST
Hindustan Times, Chandigarh | HT Correspondent, Chandigarh
Govt releases Rs 36,400 crore GST compensation to the states
Union territories with legislatures also get the compensation. States have been urging the Centre to release full compensation due as the decline in economic activities have affected their revenue position.
Updated on Jun 05, 2020 03:33 AM IST
Hindustan Times, New Delhi | Gireesh Chandra Prasad
Centre releases Rs 11,922 crore as GST compensation to states
In a four-tweet thread, the finance ministry wrote that the total revenue earned by the Central and state governments after settlement in November amounted to Rs 35,073 crore for CGST and Rs 38,774 crore for the SGST.
Updated on Dec 01, 2018 04:35 PM IST
Hindustan Times, New Delhi | HT Correspondent