Go Unlimited with Magzter GOLD
Get unlimited access to 9,500+ magazines, newspapers and Premium stories for just
Try GOLD - Free
GST Reform: Oppn states demand 5-yr compensation
The Political and Business Daily
|August 30, 2025
OPPOSITION-RULED states on Friday demanded that all states be compensated for 5 years for the likely Rs 2 lakh crore a year revenue loss due to the Centre's GST reform proposal.
-
Ministers from eight opposition-ruled states -- Himachal Pradesh, Jharkhand, Karnataka, Kerala, Punjab, Tamil Nadu, Telangana and West Bengal -- also sought a mechanism to guard against profiteering by businesses post tax rate cut to ensure the benefits reach the common man.
This story is from the August 30, 2025 edition of The Political and Business Daily.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 9,500+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Political and Business Daily
The Political and Business Daily
Tewari: Entitlement not acceptable to Gen X, Y, Z
BJP uses his 'nepokid' remark to attack Rahul
1 min
September 24, 2025
The Political and Business Daily
Time has come to decriminalise defamation law: Supreme Court
THE Supreme Court has observed that the time has come to decriminalise the defamation law, while agreeing to examine a plea by the Foundation for Independent Journalism seeking to quash the summons issued to it in a criminal defamation case.
1 min
September 24, 2025
The Political and Business Daily
India witnessing revolution in public healthcare: Modi
AS Ayushman Bharat marks seven years since its launch, PM Modi on Tuesday highlighted that India is experiencing a revolution in public healthcare.
1 min
September 24, 2025
The Political and Business Daily
Gautam Adani's wealth jumps $13 bn in 2 days, moves closer to become 'richest person' in India
ADANI Group Chairman Gautam Adani’s net worth surged by $13 billion in just two days, driven by a sharp rally in the group companies’ shares.
1 min
September 24, 2025
The Political and Business Daily
India to be among top 10 nations on Global Innovation Index: Shah
UNION Home Minister Amit Shah on Tuesday said India’s ranking on the Global Innovation Index has gone up from 91 to 38 in the last decade, and expressed confidence that it would secure a position among the top 10 in the next three years.
1 min
September 24, 2025
The Political and Business Daily
Starry touch: Mohanlal, Shah Rukh, Rani Mukerji and Vikrant Massey conferred National Awards
RESIDENT Droupadi Murmu on Tuesday conferred National Awards for acting to Shah Rukh Khan, Vikrant Massey and Rani Mukerji while Malayalam superstar Mohanlal was honoured with the Dadasaheb Phalke lifetime achievement award in a ceremony that doffed its hat to mainstream popular cinema.
1 mins
September 24, 2025
The Political and Business Daily
Rajnath inaugurates Tata Advanced System Ltd's manufacturing plant in Morocco
A manufacturing plant set up by Tata Advanced Systems Ltd in Morocco's Berrechid for production of wheeled armoured personnel carriers was inaugurated jointly by Defence Minister Rajnath Singh and his Moroccan counterpart Abdelatif Loudyi on Tuesday.
1 min
September 24, 2025
The Political and Business Daily
GST reforms to boost savings: PM
Says it will directly benefit every section of society
2 mins
September 23, 2025
The Political and Business Daily
Govt bonds worth ₹32K crore coming up for sale on Sept 26
THE Finance Ministry on Monday announced the sale of government bonds worth Rs 32,000 crore in two lots through auctions to be conducted by the Reserve Bank of India (RBI) in Mumbai on Friday.
1 min
September 23, 2025
The Political and Business Daily
India, Morocco ink defence pact
INDIA and Morocco on Monday inked an agreement to boost military cooperation following talks between Defence Minister Rajnath Singh and his Moroccan counterpart Abdeltif Loudiyi.
1 min
September 23, 2025
Listen
Translate
Change font size