मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Economy to hurt if states not compensated for GST loss: Kerala FM
Mint New Delhi
|September 05, 2025
Kerala faces a likely annual revenue loss of ₹8,000-10,000 crore due to the reduction in goods and services tax (GST) rates across segments that was announced by the GST Council on Wednesday, Kerala finance minister K.N. Balagopal said.
Kerala faces a likely annual revenue loss of ₹8,000-10,000 crore due to the reduction in goods and services tax (GST) rates across segments that was announced by the GST Council on Wednesday, Kerala finance minister K.N. Balagopal said. Almost all states will face a revenue squeeze, he said, and if the central government does not address their revenue losses, it will have a negative impact on the broader economy.
Kerala had budgeted ₹46,563 crore of GST revenue in FY26, estimating a 12.5% annual growth. Addressing the media, Balagopal said while economic theory suggests, and a point also made by the Centre, that improved consumption demand arising from the tax cuts would fuel revenue buoyancy, the same will actually depend on state-specific consumption patterns.
यह कहानी Mint New Delhi के September 05, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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