https://www.taxtmi.com/news?id=54497 Request for central fiscal support to compensate revenue losses from GST rate rationalisation after a terror-induced economic shock that halted major sectors and collapsed UT revenues. The finance minister endorsed a two-tier GST structure but sought defined compensatory mechanisms and systemic safeguards to ensure price benefits reach consumers, prevent profiteering, and preserve the fiscal stability of States and Union Territories while reducing classification disputes and compliance complexity. en-us Wed, 03 Sep 2025 20:16:03 +0530 Wed, 03 Sep 2025 20:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=54497 Request for central fiscal support to compensate revenue losses from GST rate rationalisation after a terror-induced economic shock that halted major sectors and collapsed UT revenues. The finance minister endorsed a two-tier GST structure but sought defined compensatory mechanisms and systemic safeguards to ensure price benefits reach consumers, prevent profiteering, and preserve the fiscal stability of States and Union Territories while reducing classification disputes and compliance complexity. News - Wed, 03 Sep 2025 20:16:03 +0530 https://www.taxtmi.com/news?id=54497