States Flag GST-Linked Revenue Losses, Fiscal Strain At Pre-Budget Meeting - KNN India

Updated: Jan 12, 2026 02:42:22pm New Delhi, Jan 12 (KNN) Revenue losses due to mid-year GST rate rationalisation, erosion of states’ fiscal powers and demands for a more equitable Centre–state funding pattern under centrally sponsored schemes (CSS) dominated discussions at the pre-Budget meeting chaired by Union Finance Minister Nirmala Sitharaman. States Flag GST-Linked Revenue Losses Several sta…