Lower GST rates will bleed state finances: Bengal, Kerala | India News
KOLKATA/T’PURAM: Bengal and Kerala welcomed lower GST rates for easing costs to households but warned that states will shoulder crippling losses in revenue, accusing Centre of passing the burden while taking credit.Bengal CM Mamata Banerjee said Monday her state would forfeit Rs 20,000 crore because of the decision, though she backed it for the sake…