Tamil Nadu Chief Minister MK Stalin has criticized the Union government over the recent Goods and Services Tax (GST) reforms, alleging that states are shouldering half of the financial burden without receiving due recognition or compensation. Stalin pointed out that while Prime Minister Narendra Modi announced that citizens would save ₹2.5 lakh crore through GST and income tax relief, the Centre has failed to acknowledge that state governments are contributing 50% of this relief. He further accused the Union government of denying funds to states like Tamil Nadu, citing the withholding of Samagra Shiksha funds as an example of punitive measures against states resisting "Hindi imposition" The GST Council's recent decision to rationalize tax rates has led to significant reductions in the prices of essential goods and services. However, opposition-ruled states, including Tamil Nadu, Telangana, and West Bengal, have expressed concerns about the financial implications of these changes. They have called for a robust revenue protection framework to ensure that the benefits of GST rate cuts are passed on to consumers without adversely affecting state revenues #GSTReform #StateFinances #MKStalin #TamilNadu #GSTRelief #TaxPolicy #Federalism #EconomicImpact #newsone #GSTDebate
