GST dealt ‘big blow’ to municipal finances, 15th Finance Commission study finds

New Delhi:  The goods and services tax (GST) introduced by the Narendra Modi government in 2017 dealt a “big blow” to municipal finances, a study commissioned by the Fifteenth Finance Commission has said. Based on data procured from 37 of the 53 municipal corporations with a population of over 1 million, the study carried out by the Indian Council for Research on International Economic Relati…