New Delhi, Jul 27: The Finance Ministry will soon move the Cabinet with changes in the GST Constitutional Amendment Bill providing for full compensation to states for first five years of roll out of ...

Malcolm Turnbull says a key report into how much each state gets in GST revenue will be released in June. States will find out how much GST revenue they will gain or lose under the new formula when a ...

All the 28 states and three union territories with legislature have decided to go for the Centre-suggested compensation formula to meet the revenue shortfall arising out of the GST implementation.

Debate on the major overhaul of the system focused on $6.7 billion of top-up payments pledged by Mr Morrison to ensure states were not worse off. University of Tasmania Professor Richard Eccleston ...