Odian News


GST Council Meet Headed By Arun Jaitley Underway In Hyderabad

Team Odian News |

The GST Council, headed by Finance Minister Arun Jaitley, is meeting in Hyderabad on Friday to discuss the quantum of cess to be hiked on luxury and mid-size cars, among other issues. Ahead of the meeting, Andhra Pradesh Finance Minister Y Ramakrishnudu said that he will highlight various demands that the state had made earlier.

"After the implementation of GST, as per our initial estimation, the state may see a shortfall of Rs 2,900 crore in revenue," Ramakrishnudu told PTI.

"We also requested the council to take a lenient view on the tax slab with regard to ongoing government projects. As on today, projects worth about Rs 20,000 crore are under implementation," he said.