Revenue loss to Local Authorities from GST

Few local taxes were subsumed into GST.

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.

What taxes of Local Authorities got subsumed??

Octroi , LBT etc

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details