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All GST collections are pocketed by Centre is a myth: Sitharaman
short by Debaroti Adhikary / on Tuesday, 7 May, 2024
Finance Minister Nirmala Sitharaman took to X to say it's a myth that all GST collections are "pocketed" by the Centre. "GST contributes significantly to state revenues," she said. "Without GST, states' revenue from subsumed taxes from FY18-19 to 2023-24 would have been ₹37.5 lakh crore. With GST, states' actual revenue amounted to ₹46.56 lakh crore," she added.
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