Tag: States Sources of Revenue

News:According to India Ratings and Research, due to lockdown 21 major States will suffer a collective revenue loss of about ₹ 97,100 crore for the month of April alone. Facts: States Sources of Income:The States revenue mainly comes from following heads:  State Goods and Services Tax(SGST): It is a destination based tax on consumption of… Continue reading Major States lost ₹97,100 crore in own revenue in April: India Ratings