https://www.taxtmi.com/news?id=53736 Kerala's chief minister seeks immediate central intervention to assess and compensate for state GST revenue loss from proposed GST rate revisions, stressing that the existing 50:50 revenue division has produced shortfalls. He demands a compensation mechanism, pass through of tax reductions to consumer prices, and notes that limited state revenue capacity, borrowing constraints, and heavy socio economic expenditure obligations make sudden revenue dips likely to harm welfare programmes and housing and insurance schemes. en-us Wed, 27 Aug 2025 15:46:04 +0530 Wed, 27 Aug 2025 15:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=53736 Kerala's chief minister seeks immediate central intervention to assess and compensate for state GST revenue loss from proposed GST rate revisions, stressing that the existing 50:50 revenue division has produced shortfalls. He demands a compensation mechanism, pass through of tax reductions to consumer prices, and notes that limited state revenue capacity, borrowing constraints, and heavy socio economic expenditure obligations make sudden revenue dips likely to harm welfare programmes and housing and insurance schemes. News - Wed, 27 Aug 2025 15:46:04 +0530 https://www.taxtmi.com/news?id=53736