https://www.taxtmi.com/news?id=55411 Kerala informed the 16th Finance Commission that the GST rate rationalisation will materially reduce state revenues, submitted a supplementary memorandum quantifying the expected annual shortfall and export-related tariff losses, and urged the Commission to consider compensation or adjustment in fiscal transfers in light of the state's declining share of the divisible tax pool. en-us Thu, 11 Sep 2025 19:16:03 +0530 Thu, 11 Sep 2025 19:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=55411 Kerala informed the 16th Finance Commission that the GST rate rationalisation will materially reduce state revenues, submitted a supplementary memorandum quantifying the expected annual shortfall and export-related tariff losses, and urged the Commission to consider compensation or adjustment in fiscal transfers in light of the state's declining share of the divisible tax pool. News - Thu, 11 Sep 2025 19:16:03 +0530 https://www.taxtmi.com/news?id=55411