FM apprises Amarinder of GST crisis : The Tribune India

Join Whatsapp Channel

FM apprises Amarinder of GST crisis

CHANDIGARH: Finance Minister Manpreet Singh Badal on Monday apprised Chief Minister Capt Amarinder Singh of the current state of finances in the wake of the non-release of the GST dues by the Centre.



Tribune News Service

Chandigarh, December 2

Finance Minister Manpreet Singh Badal on Monday apprised Chief Minister Capt Amarinder Singh of the current state of finances in the wake of the non-release of the GST dues by the Centre.

Manpreet is learnt to have told the CM that he, along with the FMs of 10 other states, would meet Union Finance Minister Nirmala Sitharaman and urge her to release the state’s GST dues worth Rs 4,100 crore at the earliest.

“The CM has authorised me to take up the state’s case with the Centre and how it is hitting our budgeting,” Manpreet later told The Tribune.

An assessment of each department’s performance in tax collection (state’s own tax collection) was also discussed. Officials said the the issue of slow excise collections (44% of the total excise revenue ofRs 6,201 crore for this fiscal); the stamp duty collections (52% of the target of Rs 2,650 crore for this fiscal), sales tax (49% of the target of Rs 6,353 crore) were discussed.

The non-tax revenue collection till October is just Rs 1,576.23 crore, as against a target of Rs 9,476.98 crore. All departments were instructed to mop up revenue and also come up with the plans of assured collection.

Top News

‘Congress mantra is loot in life, loot after life’: PM Modi on Sam Pitroda’s inheritance tax remarks

‘Congress mantra is loot in life, loot after life’: PM Modi on Sam Pitroda’s 'inheritance tax' remarks

Grand Old Party accuses BJP of distorting Pitroda’s remarks ...

Congress suspends Punjab’s Phillaur MLA Vikramjit Chaudhary over statements against ex-CM Charanjit Channi

Congress suspends Punjab’s Phillaur MLA Vikramjit Chaudhary over statements against ex-CM Charanjit Channi

The suspension letter has been issued by Congress’s Punjab a...

Supreme Court seeks clarification from EC on functioning of EVMs, summons senior poll panel official

VVPAT: ‘We can’t control elections’, Supreme Court tells petitioners

The Bench, which has already reserved its verdict, told the ...


Cities

View All