Telangana CM urges Sitharaman to release Rs 4,531 cr in GST dues
| Saturday | 7th December, 2019
A+ A-Hyderabad : Telangana Chief Minister K Chandrashekar Rao on Saturday wrote to Finance Minister Nirmala Sitharaman, urging her to release Rs 4,531 crore in GST dues pending from the central government.
In the letter, Rao explained the state’s financial position and the tax devolution received by the state so far.
“Tax devolution in Telangana is Rs 19,719 crore, 6.2 per cent more than last year.
But this state has received only Rs 10,304 crore till November, which is less by Rs 224 crore compared to last year.
“With the further slowdown of the economy during the second quarter, it is likely that there will be a further reduction in tax devolution.