08/10/2025
Our faculty members, Smt. L. Anithakumary and Dr. Sumalatha B S, have published an article titled “GST rate reduction will hit Kerala’s finances” in The Hindu businessline.
The article highlights that “As a consumption State, Kerala used to garner 33% of its tax revenues from the 28% bracket. The Centre and Finance Commission must compensate the State for its revenue loss.”
Read the full article here 👉https://lnkd.in/gKXCimJU
https://www.thehindubusinessline.com/incoming/gst-rate-reduction-will-hit-keralas-finances/article70118044.ece
As a consumption State, Kerala used to garner 33% of its tax revenues from the 28% bracket. The Centre and finance panel must compensate the State for its revenue loss