Ministry of Finance has released today ₹75,000 crore to the States and UTs with Legislature under the back-to-back loan facility in lieu of GST Compensation. This release is in addition to normal GST compensation being released every 2 months out of actual cess collection. Subsequent to the 43rd GST Council Meeting held on 28.05.2021, it was decided that the Central Government would… Continue reading "₹ 75,000 crore released to States and UTs with Legislature as GST Compensation shortfall"
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