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Latest Articles in state governments

Can Freebies Lead India Into Fiscal Disaster?

According to the experts, these schemes are economically unsustainable and could take these states in the same direction as Sri Lanka

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FinMin Authorises Releases Of Rs. 47,541 Cr Advance Installment Of Tax Devolution To State Govts

The release of back-to-back loans amounting to Rs. 1.59 lakh crore to state governments in lieu of GST Compensation shortfall in FY 2021-22 was completed by the end of October 2021.

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States Pitch For Continuation Of GST Compensation For Another 5 Years

GST compensation to states for revenue shortfall resulting from subsuming of local taxes such as VAT in the uniform national tax, Goods and Services Tax (GST) will end in June next year.

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Grants, Non-Philanthropic Donations Received By Charitable Trusts To Attract 18% GST: AAR

In the case of donations, the AAR said if the purpose of the donation is philanthropic and leads to no commercial gains and is not an advertisement, then it would not attract GST.

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Cab Approves Setting Up Of 7 Mega Integrated Textile Region And Apparel Parks With Rs 4,445 Cr Outlay

Textiles Minister Piyush Goyal informed about the decision after the Cabinet meeting, chaired by Prime Minister Narendra Modi.

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UIDAI Plans To Open 166 Standalone Aaadhar Enrolment And Update Centres

The ASKs are open on all days of the week and have so far catered to over 70 lakh residents including Divyang persons.

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Induslnd Bank Gets Empanelled As Agency Bank To RBI

The announcement comes close on the heels of a recent RBI guideline that authorises scheduled private sector banks as agency banks of the regulator for the conduct of government business.

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State Govts Must Also Take Lead In Instituting Labour Reforms: Kant

Partnerships with the private sector in unlocking the potential of innovative financing mechanisms such as asset monetisation, and providing an impetus to green finance are other potential areas, among others.

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As GST Turns 4, CAIT Says It Has Become 'Colonial Taxation System'

Various amendments and introduction of rules under GST in the recent past have made the tax systems system much more complicated and put much compliance burden on the traders

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States Must Cut Stamp Duty On Property Registrations To Boost Sales: Experts

Maharashtra government's decision to reduce the stamp duty during September to March of the last fiscal year helped a lot in reviving sales in the state

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Coal India's 114 Mining Projects Under Different Stages Of Implementation

Coal India, which accounts for over 80 per cent of domestic coal output, is eyeing one billion tonne production by 2023-24.

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Govt Allows Flexible Use Of Domestic Coal

'The Government of India has enabled State governments and UTs by allowing flexibility in utilization of domestic coal amongst power generating stations to reduce the cost of power generation

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SCAI Seeks Various Relief To Deal With Second Wave Of COVID-19

'Our floor marshals are there all the time to ensure that people are not gathering and we have deployed manpower to ensure that the hygiene and safety are maintained,'

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State Govt, Cities Committing Big Mistake By Looking At Revenue From Telecom Infra: Official

Telecom sector players often complain that local authorities in some states demand high charges for laying optical fibre cables and other network equipment.

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Labour Ministry Sets Up Control Rooms To Address Migrant Workers Woes

The functioning of all 20 call centres is being monitored and supervised by the Chief Labour Commissioner (Central) at headquarters on daily basis and same also reviewed with regions concerned during state visit by CLC(C) & other senior officers personally.

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