News
How lower mop-up has translated into delayed GST compensation
- Date:
- July 23, 2020
- Source:
- Indian Express
The COVID-19 pandemic has further deepened the country’s economic slowdown, impacting the government’s revenues, with the Goods and Services Tax (GST) collections recording a 41 per cent decline in the April-June quarter. Lower GST revenues have translated into delayed and pending compensation payments to states, an issue which will be central to the discussions of t…