States lost 60-70% tax revenue in GST regime: Telangana Finance Minister Harish Rao

The States lost 60 to 70 per cent of their revenue after joining the GST regime while the Centre lost only 31 per cent.Therefore, the Centre will have to pay GST compensation to the states," the release quoted Harish Rao as saying.

from Economy-News-Economic Times https://ift.tt/2ExfEB9