Karnataka CM demands revenue safeguards ahead of GST rate rationalisation talks
GST
Dated:- 29-8-2025
PTI
Bengaluru, Aug 29 (PTI) Karnataka Chief Minister Siddaramaiah on Friday called for the Centre's proposed GST rate rationalisation to be backed by a robust revenue protection framework for states, ahead of the GST Council meeting next week.
\nHe said the rationalisation process should not compromise state finances and sought the inclusion of three safeguards in the reform.
\n“The rationalisation of GST rates must be supported by a robust revenue protection framework for states, a supplementary levy on sin and luxury goods, and a guaranteed compensation mechanism for at least five years,” Siddaramaiah said in a statement here.\n<\/p>\n
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\nSiddaramaiah welcomed the consensus draft prepared by opposition-ruled states at the meeting, which will be placed before the GST Council, chaired by the Union Finance Minister and comprising all state ministers, at its September 3-4 session.
\n“This draft seeks to ensure reforms that are both fair and sustainable,” he said.
\n“We are for rationalisation of GST rates, easing compliance and reducing the burden on the people. But such reforms must be accompanied by a robust framework that protects the fiscal interests of the states. Without this, states will find it difficult to sustain welfare and development programmes, leading to a serious weakening of their financial autonomy,” Siddaramaiah said.
\nHe noted that oppositio<\/p>\n