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Under GST Compensation Act, 2017, the states are guaranteed a 14% annual growth in the relevant tax revenues over five years till July 2022, meaning such tax receipts would be their income sans any cost.
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Under GST Compensation Act, 2017, the states are guaranteed a 14% annual growth in the relevant tax revenues over five years till July 2022, meaning such tax receipts would be their income sans any cost.
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Source link