Which state received the largest GST compensation from the center, according to the most recent RBI study?
Maharashtra
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Maharashtra, Karnataka, and Gujarat received the highest GST compensation during the five-year transition period from July 2017 to June 2022, according to a Reserve Bank of India (RBI) study. Punjab was the State that received the highest compensation, with Tamil Nadu coming in fourth. According to the study, at least ten States might not grow their GST by the anticipated 14%. The states most likely to be impacted by the termination of the compensation regime are Puducherry, Punjab, Delhi, Himachal Pradesh, Goa, and Uttarakhand.
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