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Finance Commission is a constitutional body that gives suggestions on Centre-state financial relations
The gross GST collection has crossed Rs 1.60 lakh crore mark for the fourth time since the roll-out of the indirect tax regime six years ago on July 1, 2017.
The decision comes ahead of assembly elections of Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram.
The ministry's last communication with Kerala was a letter sent on May 26. On the basis of this, Kerala officially holds that it could borrow only Rs 15,390 crore.
The new parliament building is to be inaugurated on May 28 by PM Narendra Modi.
The state is awaiting clearance from the Centre for availing credit for the nine months till December.
The government has to pay Rs 2,800 crore as arrears to service pensioners as a result of the revision of pension and Rs 1,400 crore as Dearness Allowance
Marginal relief is proposed so that the tax what one pays should not be more than the income that exceeds Rs 7 lakh.
At present, there are 900 buses that are unserviceable. Of the 1,622 buses that are to be scrapped, 1,000 are ordinary services.
Maharashtra is set to receive the highest GST compensation of Rs 2,102 crore.