56th GST Council Meeting Update: Some states ask Centre to provide revenue-loss estimate
Three Opposition-ruled states have asked the Central government to provide an estimate for the likely loss from rate restructuring of Goods and Services tax regime, CNBC-TV18 reported. Karnataka, Punjab and West Bengal asked Centre to provide the likely loss estimation and expressed concerns over revenue protection, the report said.
The channel said Telangana and Sikkim may also have expressed similar apprehensions.
Disclaimer
The above heading and content have been reproduced without alteration from the cited source solely for educational and informational purposes. We do not independently verify or assume liability for its accuracy, completeness, authenticity, or recency. All responsibility rests with the original source and respective news agency.
