TN govt hails GST rationalisation but concerned for state revenue
GST
Dated:- 4-9-2025
PTI
Chennai, Sep 4 (PTI) The Tamil Nadu government on Thursday welcomed the Centre's Goods and Services Tax rate rationalisation reforms, including exemption of individual life insurance and individual health insurance services, but expressed concerns for the protection of the stateÂ’s revenue.
State Finance Minister Thangam Thennarasu suggested either to continue the present dispensation of Cess provision through constitutional amendment or to increase the bound rate of tax only for sin and luxury goods through GST Act amendment.
Participating in the 56th Goods and Services Taxes (GST) council meeting in New Delhi on September 3, the Minist
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