@the_news_21
Senior Congress leader P Chidambaram on Friday urged states to reject options given to them by the Centre over the GST compensation issue and demand money in one voice.
His remarks come a day after the government asked states to borrow more to make up for revenue losses due to pending GST dues.
“States must reject both options and demand, in one voice, that the Centre must find the resources and provide the money to the States,” Chidambaram tweeted.
“The two options given by the Modi government to the States to bridge the GST Compensation gap is a gross violation of the law and an abdication of the responsibility of the central government,” he said.
He claimed that in either option, the central government is passing the buck of financial burden to the states.
Also Read: GST revenue shortfall: Centre gives 2 options to states to borrow money via RBI
Under the law, the obligation to compensate the states falls solely on the central government, the senior Congress leader noted.
“The latest assault on the States is part of an elaborate design of the Modi government to financially cripple the States and reduce them to beg for money from the Centre,” Chidambaram claimed.
Amid a chorus by non-NDA ruled states for compensation of GST revenue shortfall, the Centre on Thursday during the GST Council meeting told states that the estimated deficit of Rs 2.35 lakh crore this fiscal year can be made good by borrowing from the market against future tax revenues.
At the end of a five-hour long meeting of the GST Council, Union Finance Minister Nirmala Sitharaman said there was no proposal to raise tax rates to make up for the shortfall that has been compounded by the COVID-19 pandemic hitting economic activity.
Citing a legal opinion from the attorney general, she ruled out the Centre making good the shortfall from either its coffers or by borrowing on its balance sheet.
The Centre also made a distinction between revenue lost due to implementation of the GST and the economic slowdown arising out of the COVID-19 crisis.
The government said its legal obligation was only to compensate states for losses arising out of the GST rollout.
can you get clomid pills can i order cheap clomiphene for sale where buy clomiphene without prescription can you buy cheap clomid pills can i purchase clomid pills can i get clomiphene without a prescription order cheap clomiphene without dr prescription
I’ll certainly return to skim more.
More content pieces like this would make the интернет better.
order zithromax – ofloxacin over the counter buy flagyl generic
buy cheap generic rybelsus – cyproheptadine 4 mg us order periactin 4 mg for sale
order domperidone 10mg pills – buy tetracycline cheap order cyclobenzaprine sale
inderal 10mg usa – order plavix 75mg pill buy generic methotrexate 10mg
augmentin 1000mg generic – atbioinfo buy ampicillin online cheap
order nexium sale – https://anexamate.com/ nexium 20mg capsules
order warfarin 5mg online – coumamide buy cozaar online cheap
meloxicam 7.5mg uk – mobo sin mobic 15mg us
cheap erectile dysfunction pill – buy erection pills ed pills where to buy
amoxil cost – purchase amoxil generic purchase amoxil generic
cenforce 50mg ca – https://cenforcers.com/# buy cheap generic cenforce
best price for cialis – https://ciltadgn.com/ us pharmacy prices for cialis
cialis las vegas – https://strongtadafl.com/# maximum dose of cialis in 24 hours
buy zantac 150mg generic – https://aranitidine.com/ cost ranitidine 150mg
buy viagra online cheap – viagra sale jamaica viagra online discount
More posts like this would force the blogosphere more useful. https://gnolvade.com/
Thanks for putting this up. It’s okay done. https://ursxdol.com/augmentin-amoxiclav-pill/
More posts like this would force the blogosphere more useful. prohnrg.com
This website really has all of the bumf and facts I needed there this thesis and didn’t positive who to ask. cenforce 100 durГ©e
I couldn’t turn down commenting. Adequately written! https://ondactone.com/spironolactone/
This is the kind of scribble literary works I in fact appreciate.
buy cheap generic ozobax
The vividness in this tune is exceptional. http://www.fujiapuerbbs.com/home.php?mod=space&uid=3618584
buy dapagliflozin pills for sale – https://janozin.com/# buy dapagliflozin
orlistat cost – https://asacostat.com/ orlistat 60mg tablet
You can keep yourself and your dearest by way of being cautious when buying medicine online. Some druggist’s websites control legally and provide convenience, solitariness, cost savings and safeguards to purchasing medicines. buy in TerbinaPharmacy https://terbinafines.com/product/neurontin.html neurontin
More posts like this would prosper the blogosphere more useful. fildena 120 pas cher
Greetings! Very productive suggestion within this article! It’s the crumb changes which choice obtain the largest changes. Thanks a quantity for sharing!