This article is more than 7 month old.

GST in 2020: A tumultuous year

Mini

2020 is the year that saw Centre cross swords with most state governments - and again, it was the fragile goods and services tax (GST) that was at the crux of the dispute. Things came to a head when the government threw its hands up and said the prolonged lockdown had left its coffers empty and the near-zero balance in the GST compensation fund, meant states could not be compensated. CNBC-TV18's Timsy Jaipuria recounts the skirmish that ended with most states tapping out.

2020 is the year that saw Centre cross swords with most state governments - and again, it was the fragile goods and services tax (GST) that was at the crux of the dispute. Things came to a head when the government threw its hands up and said the prolonged lockdown had left its coffers empty and the near-zero balance in the GST compensation fund, meant states could not be compensated. CNBC-TV18's Timsy Jaipuria recounts the skirmish that ended with most states tapping out.

Market Movers

CompanyPriceChng%Chng
SBI Life Insura1,076.65 26.20 2.49
Bajaj Finserv13,525.05 323.85 2.45
Hindalco400.05 8.30 2.12
Divis Labs4,921.15 96.40 2.00
UltraTechCement7,616.70 126.40 1.69
CompanyPriceChng%Chng
Bajaj Finserv13,525.35 324.75 2.46
UltraTechCement7,605.05 116.10 1.55
Sun Pharma703.55 9.55 1.38
Titan Company1,722.55 21.90 1.29
Tata Steel1,298.10 16.20 1.26
CompanyPriceChng%Chng
SBI Life Insura1,076.65 26.20 2.49
Bajaj Finserv13,525.05 323.85 2.45
Hindalco400.05 8.30 2.12
Divis Labs4,921.15 96.40 2.00
UltraTechCement7,616.70 126.40 1.69
CompanyPriceChng%Chng
Bajaj Finserv13,525.35 324.75 2.46
UltraTechCement7,605.05 116.10 1.55
Sun Pharma703.55 9.55 1.38
Titan Company1,722.55 21.90 1.29
Tata Steel1,298.10 16.20 1.26

Currency

CompanyPriceChng%Chng
Dollar-Rupee74.41750.01750.02
Euro-Rupee87.84100.23500.27
Pound-Rupee102.80900.49700.49
Rupee-100 Yen0.67430.00130.20