Bengaluru, Jan 6: Chief minister BS Yediyurappa has plenty on his plate ahead of the 2020-21 state budget to be presented on March 5 what with the economic slowdown and a sizeable shortfall in revenue, but the biggest worry is the uncertainty surrounding Goods and Services Tax (GST) compensation from the Centre.
There is also uncertainty over the state’s share under devolution of funds as per the 14th Finance Commission recommendation.
Finance department officials say that while Rs 3,500 crore is expected as GST compensation for every two months, the devolution of funds would have yielded about Rs 7,000 crore for the current fiscal. But the economic slowdown appears to have hit the Centre’s finances and is likely to impact the state’s share of funds.
“The GST payment for August-September came only in December and we are unsure how much we will get for October-November and December-January,” an official said. Estimates suggest the state’s share under devolution of funds could be reduced by half.
At a meeting of finance department officials last week, Yediyurappa is said to have admitted that unlike those states where non-BJP parties are in power — they have threatened agitations and court cases — the government cannot go “against” Prime Minister Narendra Modi’s regime.
Instead, Yediyurappa has urged senior IAS finance department officials to lobby for funds with their counterparts in New Delhi. On his part, Yediyurappa is said to have already written to Modi and finance minister Nirmala Sitharaman to at least release the state’s share of GST compensation for the current calendar year of 2019. He is planning to personally meet the PM in Delhi to push the state’s case.
Mangaluru, Mar 3: A woman, who was said to have tested positive for A (H1N1) virus, popularly known as swine flu, died at a private hospital in the city.
Comments
Shady stock brokers will try to sell speculative stocks to
clients who hve expressed preference inn investing in low-risk, steady
growth stockos that have less risk of sustaining capital loss.
The creation died a sudden death, its principles by no means realized, and through all
those time individuals reproduced docments manually using
longhand. You can save resources when you only have to
log in to tthe internet to buy your needs.
Heere is mmy webpage su kacagi tespit cihazi: https://www.youtube.com/watch?v=ToednXFnemk
Yet another substantial result associated with the ressearch
indicated that the label applied too the product packaging or caftridges marke
as 'Comprising No Nicotine' in reality has nicotine.
Technological advancements today have led tto the creation of the new electtronic cigarette, a device tht aims to
hewlp evven the most seemingly hopeless smoker too
quit. It is ridiculous that I have never been to law school and do noot make it
a habit of studying thhe law, yet I had to tell them what their own law was.
my web page; elektronik sigara tütünü: http://gzomh42-1011523553.pen.io/
Yet another substantial result associated with the research indicated that
the labe applied tto the product packaging orr cartridgess marked as 'Comprising No Nicotine' in reality has nicotine.
Secondly, when dscussing health aand safety, you have to take
into account the health and safety of people who smoke
traditional tobacco cigarettes. After advertising on Craigslist,
he soon had a huge customer bse in Cerritos and the surrounding areas.
Visit my web-site elektronik sigara gen: http://re.vu/summeroffice98
Researchers hasv? createed a t?chnique ff?r
activating organic signaps through tthe skin of a living animal ut?lizing light.
My blog - Tianeptine Sodium: https://noots4less.com/product/tianeptine-sodium/
Don't make assumptions based on names that imply savings such as Budget, Dollar and Thrifty.
This not only requires creative thinking, but the intestinal fortitude to pursue new ideas and deal with
periodic setbacks. That is why our incentive program are made to be an unique one where you will experience something new something unique every time.
My web page ... antalya
araç Kiralama Havalimani: http://www.cognoschina.net/home/link.php?url=http://www.xa999.com/hi/li…
????????????? ?? ?????.
?????? ???????????? ???????.
??? ????????, ??? ????????? ? ???? ???? ????? ??????
????????? ???????.
My blog :: ?????? ??????: http://ludovodka.ru
Add new comment