TaxTMI 
TaxTMI 
TaxTMI 
States don't get share in cess, this is equal to loot: Derek O'Brien
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....tates don't get share in cess, this is equal to loot: Derek O'Brien<BR>PTI News<BR>Dated:- 4-9-2025<BR>PTI<BR>New Delhi, Sep 4 (PTI) Trinamool Congress MP Derek O'Brien on Thursday said states don't g....
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....et their share in cess tax collections and this is equal to "loot". In a post on X, the Rajya Sabha member said that the cess, a tax levied for promoting services like health and education, makes 26 ....
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....per cent of the Gross Tax Revenue. He said states do not get a share in it. "Cess = Loot. Cess goes directly to the Union Govt. Cess is not shared with States," O'Brien wrote. "In 2011, of the total....
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.... percentage of Gross Tax Revenue, 10 percent was cess. In 2022, that moved to a huge 26 percent. States are being deprived! Loot 10 percent to 26 percent," he said. His remarks come a day after the G....
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....ST Council approved a two-tier rate structure of 5 and 18 per cent, which will be implemented from September 22. Earlier, opposition-ruled states had voiced concern about the revenue implications of ....
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....the rationalisation and sought a compensation mechanism. However, in the council meeting, the states came together and decided to reduce tax rates for the common person. PTI AO ZMN<BR> News - Press re....
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....lease - PIB....