States facing revenue shortfall of Rs 39,111 crore

 States are facing a revenue shortfall of Rs 39,111 crore in the first four months of rollout of the goods and services tax, West Bengal Finance Minister Amit Mitra said on Thursday. Addressing the annual general meeting of FICCI, Mitra said that revenue collections under GST have become a source of concern. “For all States for the first four months, Rs 1.72 lakh crore is required for revenue…