As Kerala struggles to raise resources for rehabilitation in the wake of devastating floods, the state government has demanded that it should be allowed a special cess of 10 percent on the SGST.
State finance minister Thomas Isaac said that the government will request all the states to consider a special cess for Kerala. The state has already increased excise duty on liquor to mobilize funds.
The above measures will help garner Rs 750 crore on an annualized basis.
To those who ask what Kerala is doing other than demanding from Centre for resource mobilisation for Relief: Kerala has increased excise duty on liquor. Kerala will approach GST Council for imposing a cess of 10 % on SGT.Both together on annualised basis mobilise ₹750 Cr.
— Thomas Isaac (@drthomasisaac) August 23, 2018
The floods in Kerala, worst in a century, have claimed lives of 231 people besides rendering over 14 lakh people homeless.
First Published: Aug 23, 2018 9:37 AM IST
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