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GST aid to states 70% higher than cess fund, gulf to widen this fiscal

July 27, 2020
The guaranteed growth to states’ revenue during the time of slowing GST collection (FY 20 collection grew at 3.8% to Rs 12.2 lakh crore) growth has created a wide gulf between the states' protected revenue and GST collections.

from Economy – The Financial Express https://ift.tt/3g4rY9O

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