'States should get major share in GST revenue'

Published: 16th June 2016 05:44 AM  |   Last Updated: 16th June 2016 05:44 AM   |  A+A-

HYDERABAD: Finance minister Etala Rajender wanted the Central government to give a major share in Goods and Services Tax (GST) revenue to the states.

States.jpgSpeaking at the Empowered Committee of state finance ministers conference at Kolkata on Wednesday, Rajender said states should get a lion's share in GST. Rajender also demanded that the Centre should release CST arrears of Rs 6,000 crore to Telangana immediately.  Rajender suggested that the GST compensation should be released on the same year to the states. The finance minister also reiterated the state's demand that the Centre accord special category status to Telangana, a newly formed state.

While imposing taxes, the Centre should give freedom to the states to impose taxes on firms having turnover below Rs 1.5 crore.

The GST structure should be in a scientific manner and it should help states, Rajender suggested.

Stay up to date on all the latest Telangana news with The New Indian Express App. Download now


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp