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Got clarity on GST law: Telangana FM
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....ot clarity on GST law: Telangana FM <br>GST<br>Dated:- 24-12-2016<br><BR>New Delhi, Dec 23 (PTI) Telangana Finance Minister Etela Rajender said he received much clarity about GST law and the compensat....
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....ion that the Centre has promised for the state. After taking part in the two-day GST council meet, Rajender said, "The central government has assured to compensate for the revenue loss once in e....
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....very two months and make necessary adjustments to disburse a grant in case of a rise in compensation." Seeking Telangana's third tranche of currency in lower denomination, he said so far 90 ....
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....per cent of the currency Telangana received was in ₹ 2,000 causing much difficulty for people. "We have requested the union Finance Minister Arun Jaitley and the RBI also to release the th....
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....ird instalment in smaller denominations in ₹ 100 and ₹ 500," he said. According to Rajender based on Telangana contribution to the GDP, the share of currency that the state should re....
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....ceive is pegged at around around ₹ 30,000 crore. However, he said, "The state has just received ₹ 20,700 crore so far. We hope the remaining currencies would be released at the earli....
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....est." The finance minister also said he offered some ideas to the union minister for increasing state and centre revenues.<BR> News - Press release - PIB....