GST Council special session to discuss compensation issues :

GST Council special session to discuss compensation issues


GST Council special session to discuss compensation issues
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Every State will get vaccine as per population size, says FM
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Union Finance Minister Nirmala Sitharaman at the 100-oxygenated bed facilityo KPCL campus at Yelahanka in Bengaluru on July 1, 2021.
  | Photo Credit: Special Arrangement
Every State will get vaccine as per population size, says FM
Union Finance Minister Nirmala Sitharaman on Thursday said a special session of the GST Council will be convened soon to discuss all compensation related issues.
In response to a question on GST compensation to Karnataka, the Finance Minister said: “Every State’s compensation will be worked out.” To a query about the kind of expenditure budgeted for the compensation, Ms. Sitharaman said: “I can’t tell you off the cuff. There are amounts which are determined based on the formula which was arrived at last year and that is the basis on which the distribution will start.”

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