Kerala will demand 60:40 share: T M Thomas Isaac

Kerala  will demand a 60:40 sharing model for the Goods and Services Tax (GST), said  finance minister T M Thomas Isaac . During the eighth meeting of the  GST Council in January, Isaac had demanded a higher share of the tax revenue while implementing GST. "We will be arguing strongly for 60:40 ratio. Otherwise it is not fair (to have 50:50 sharing) and why should we have a tax…