Centre releases Rs 14,103 cr GST compensation to states; more to be released soon

NEW DELHI: In a bid to provide further relief to states amid the coronavirus outbreak, the  finance ministry  has released about Rs 34,000 crore in two phases to states as compensation for their revenue loss in the goods and services tax ( GST ) regime. With the release of Rs 14,103 crore to states on Tuesday, the Centre has paid a total of Rs 34,053 crore pending  GST compensation…