GST reforms: Omar Abdullah says rate cut could ‘severely impact’ J&K revenue by 10-12%, warns of fiscal crisis

Sep 3, 2025 - 06:45
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GST reforms: Omar Abdullah says rate cut could ‘severely impact’ J&K revenue by 10-12%, warns of fiscal crisis
J&K Chief Mini the need for mechanisms to ensure fiscal stability for states and UTs, citing the negative impact of the Pahalgam incident on key economic sectors and urging support for effective GST reforms.

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