There is huge loss to state Govt and Local Authorities ?
Will the central govt compensate it to Local Authorities ?
Replies (2)
Quick Summary
This discussion explores the significant revenue loss experienced by local authorities and state governments due to the subsumption of local taxes into the Goods and Services Tax (GST). It raises questions about potential compensation from the central government and identifies specific local taxes, such as Octroi and LBT, that were affected.