Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
GST rejig: Non-BJP states flag revenue concern
The New Indian Express Madurai
|August 30, 2025
AHEAD of the council meeting of Goods and Services Taxes (GST), eight opposition-ruled states have asked the government to devise mechanisms to address the potential revenue loss arising from the proposed GST rate rationalisation and ensure measures for anti-profiteering.
At a meeting in New Delhi, representatives from eight states — Kerala, Telangana, Karnataka, Himachal Pradesh, Punjab, West Bengal, Tamil Nadu and Jharkhand — flagged the issue of revenue losses due to rate rationalisation.
Speaking to the media Kerala's finance minister KN Balagopal said states could lose about ₹2.5 lakh crore, with each state bearing losses as high as ₹10,000-₹15,000 crore.
This story is from the August 30, 2025 edition of The New Indian Express Madurai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Madurai
The New Indian Express Madurai
'Bulk buyers at retail pumps creating fuel crisis'
THE Union government denied reports of fuel shortage in several parts of the country, stating that panic buying at a few fuel outlets is due to bulk consumers increasingly purchasing from retail outlets and rising diesel demand during the harvesting season.
1 mins
May 22, 2026
The New Indian Express Madurai
V Ponraj's pleas for anticipatory bail: Madras HC reserves orders
THE Madras High Court on Thursday reserved orders on two petitions moved by Dr V Ponraj, former scientific advisor to A P J Abdul Kalam, seeking anticipatory bail in connection with two FIRs registered against him based on the complaints lodged by TVK president C Joseph Vijay and his party’s Cuddalore district secretary for making “derogatory comments” against women supporting Vijay.
1 min
May 22, 2026
The New Indian Express Madurai
REALITY BENEATH THE GLASS CEILING
FINALLY there is some positive news on women on corporate boards beyond the stale stories or ‘ought-to-be’ thinking.
3 mins
May 22, 2026
The New Indian Express Madurai
If crowds swell, staggered timings for namazis at Eidgahs, say clerics in UP
IN response to UP CM Yogi Adityanath’s recent remarks that Namaz should be offered at designated places and not on roads or public places causing inconvenience of general public, several Muslim clerics have said that the prayers on upcoming Eid-ul-Azha would be offered inside the mosques and Eidgahs like in previous years.
1 min
May 22, 2026
The New Indian Express Madurai
‘Need accused nod for courts to hear sedition cases’
THE Supreme Court on Thursday said that courts can hear trials pertaining to Section 124-A of the Indian Penal Code, which relates to sedition, if the accused has no objection to it.
1 min
May 22, 2026
The New Indian Express Madurai
US offers ‘separate treatment’ for India under Sec 232 investigation
IN the ongoing trade talks with the US, India has secured relatively favourable terms on several items facing investigation under Section 232, including pharmaceutical products, auto parts and aircraft components, a commerce ministry source said.
1 min
May 22, 2026
The New Indian Express Madurai
Sabotage behind railway accidents, says report
INDIAN Railways has intensified investigations into a series of recent train fire incidents after preliminary probes suggested the possible involvement of anti-social elements.
2 mins
May 22, 2026
The New Indian Express Madurai
Producers have right to expression, says HC, bins plea for film ban
THE Madras High Court on Thursday dismissed a public interest litigation (PIL) petition seeking to ban the Suriya-starrer ‘Karuppu’, which was recently released, for alleged depiction of the judiciary in bad light.
1 min
May 22, 2026
The New Indian Express Madurai
NEW PRICING RULES FOR IPOs, RE-LISTED STOCKS PROPOSED
AIMED at improving price discovery and reducing extreme volatility after listing, market regulator Securities and Exchange Board of India (Sebi) has proposed key changes to the way opening prices are determined for IPO and re-listed stocks.
1 min
May 22, 2026
The New Indian Express Madurai
Ex-Speaker blames EPS, quits AIADMK as son joins cabinet
FORMER Assembly Speaker P Dhanapal on Thursday announced that he was no longer with the AIADMK.
1 mins
May 22, 2026
Listen
Translate
Change font size