GST implementation to have far reaching implications for the Indian Economy RBI releases State Finances: A Study of Budgets of 2016-17

Last updated: 13 May 2017

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Today, the Reserve Bank of India (RBI) released the report entitled State Finances: A Study of Budgets of 2016-17, an annual publication that provides information, analysis and an assessment of the finances of state governments. It is the primary source for disaggregated state-wise fiscal data and delineates the changing dynamics of fiscal federalism over the years. The theme of this years report is the Goods and Services Tax (GST). Highlights of the report are: Introduction

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Notification No : 2016-2017/3056

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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