Manpreet seeks early release of GST arrears

Tribune News Service

Chandigarh, October 29

Punjab Finance Minister Manpreet Singh Badal on Tuesday met Union Finance Minister Nirmala Sitharaman and sought early release of GST arrears. Manpreet said the release of Punjab’s share was crucial, since its delay was impeding regular and routine functioning.

Sitharaman assured Manpreet that she would consider the two demands.

Manpreet also took up other issues of Punjab, which have been pending with the Centre, particularly the exemption of service tax on long-term lending of land. He shared the details of the new and ambitious industrial policy of Punjab that has been formulated recently. “There is an urgent need to industrialise the state, and we need the cooperation and support to implement the new industrial policy at the earliest,” Manpreet said.