Bhatti seeks protection of States’ revenues in GST reforms

Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka asked the central government to protect state revenue when GST reforms are adopted. He warned that changes to motor vehicle rules could reduce Telangana’s annual revenue by more than ₹800 crore. The minister spoke at the 57th meeting of the GST Council on Wednesday.

Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka has urged the Centre to ensure that proposed GST reforms do not adversely affect the revenue interests of States, pointing out that Telangana could face an annual revenue impact of over ₹800 crore from proposed changes relating to motor vehicles alone. Addressing the 57th meeting of the GST Council on Wednesday, Mr.

Summarised by Agaah from The Hindu. Agaah aggregates 36 sources and removes duplicate coverage — all news, one place.