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New GST rates: TG forced to bear revenue loss, says Cong leader
['The Hans India']
Andhra Pradesh Breaking News, Telangana News, Hyderabad News Updates, National News, Breaking News
Hyderabad: Congress alleged that Telangana was forced to bear a huge revenue loss due to the rationalisation of GST rates in 2025.
In a media statement, PCC vice president S Jagadishwar Rao said Telangana is facing a huge revenue loss due to the rationalisation of GST rates in 2025.
“This is hurting the state’s finances and is having a severe impact on key sectors like welfare schemes, health, education and development.
He said that total loss in 2024-25 was up to Rs 7,000 crore, which is equivalent to 15% of the state’s GST revenue.
Rao said Telangana’s welfare schemes fell victim to Centre’s irrational policies.
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