Some states may need compensation even after June FY23

Money Control

A few states including Haryana, Uttarakhand, Himachal Pradesh, Sikkim, West Bengal and Bihar may need GST compensation post-June FY23,  CNBC-TV18  reported on February 23. The report further says that these states' Goods and Services Tax revenue is showing negative-to-low growth despite overall robust mop-up. Some arrangements by the Centre for GST compensation to a few st…

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