Centre releases 8th installment to meet GST compensation shortfall

Economic Times

The Centre released the eighth installment of Rs.6,000 crore to  states  as back to back loan to meet the goods and service tax ( GST ) compensation shortfall, taking the total amount released so far through the  special borrowing window  to Rs 48,000 crore, the finance ministry said on Monday.  Of this, an amount of Rs. 5,516.60 crore has been released to 23 states and Rs…

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