Centre releases 14th installment of Rs 6,000 crore to states to meet GST compensation shortfall

Economic Times

The Centre has released the 14th instalment of Rs 6,000 crore to states as a back-to-back loan to meet the compensation shortfall in collection of  goods and services tax , taking the total amount released so far through the special borrowing window to Rs 84,000 crore, the  finance ministry  said on Monday.  “Till now, 76% of the estimated  GST compensation  shortfall…

Sign in to read the full article

Create a free account or sign in to access the complete content.