India’s five-year old Goods and Services Tax (GST) regime has started delivering ‘dividends’, and States’ finances are in better shape this year, but a higher subsidy burden on fertilizers and free food grains under the extended PM Garib Kalyan Anna Yojana (PMGKAY) could ‘stress’ government finances, the Finance Ministry said on Saturday.
Source: a2ztaxcorp.com
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