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Kerala Public Expenditure Review Committee flags IGST settlement shortfall as ‘major concern and a puzzle’
The Kerala Public Expenditure Review Committee (KPERC) has flagged the Integrated Goods and Services Tax (IGST) settlement shortfall as a 'major concern and a puzzle' in its first report covering the period from 2021-22 to 2023-24. This issue is significant as the IGST settlement is a crucial component of the state's revenue, and any shortfall can impact Kerala's fiscal position and its ability to fund development projects.
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