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Displaying 1 - 3 of 3

Cost of GST compensation

Suyash Tiwari - August 25, 2020
Later this week, the GST Council will meet to discuss the issue of GST compensation to states.  The central government is required to compensate states for any loss of revenue they incur due to GST.  The Centre must pay this compensation on a bi-monthly basis, but over the past one year th...
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Impact of Lockdown on Government Revenue

Suyash Tiwari - April 19, 2020
To mitigate the spread of coronavirus in India, the central government imposed a nation-wide lockdown on March 25, 2020.  The lockdown necessitated the suspension of all economic activities, except the ones classified as ‘essential’ from time to time, and the ones that can be carrie...
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Impact of COVID-19 on Railway’s finances

Prachee Mishra - April 11, 2020
In light of the COVID-19 pandemic, all passenger trains were suspended till April 14, 2020.  However, goods services have been continuing with trains carrying essential commodities to various parts of the country.   Railways has also made railway parcel vans&n...
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