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No Financial Aid from Central Govt, only Tax Dues Settled, says Kerala FM K N Balagopal

  • 05 Mar 2024
  • Team Edukating
  • 55

In the midst of discussions about the central government providing financial support to Kerala, State Finance Minister K N Balagopal addressed the issue on Friday. He clarified that the state government has received Rs 2,725 crore, encompassing tax share and the settlement of IGST, following the standard procedure of tax allocations disbursed in installments under the budget.

Balagopal debunked reports suggesting financial aid from the center in a Facebook post, emphasizing that these fund transfers are routine tax allocations rather than extraordinary assistance.

Source : https://www.taxscan.in/no-financial-aid-from-central-govt-only-tax-dues-settled-says-kerala-fm-k-n-balagopal/380342/

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