Tag: gst compensation

All states choose Option-1 to meet GST implementation shortfall – Times of India

NEW DELHI: All the 28 states and three Union Territories (UT) with legislature have decided to go for Option-1 to meet the revenue shortfall...

States’ debt to hit 36% of their GDP – Times of India

MUMBAI: State government debt as a ratio of their gross domestic product (GDP) is set to rise to a decadal high of 36% on...

GST Shortfall: Centre to Transfer Rs 6,000 Crore to 16 States, 3 UTs in Second Tranche of Compensation

The Finance Ministry on Monday said it will transfer Rs 6,000 crore as the second tranche of GST compensation shortfall to 16 states and...

GST compensation shortfall: Centre releases Rs 6,000 crore as second tranche to 16 states, 3 UTs – Times of India

NEW DELHI: The government on Monday released Rs 6,000 crore as second tranche of GST compensation shortfall to 16 states and 3 union territories...

Centre Borrows, Transfers Rs 6,000 Crore to 16 States and 2 UTs

New Delhi: The Centre has borrowed and transferred Rs 6,000 crore as the first tranche of GST compensation shortfall to 16 states and two...

GST compensation shortfall: Centre borrows, transfers Rs 6,000 crore to 16 states, 2 UTs – Times of India

NEW DELHI: The Centre has borrowed and transferred Rs 6,000 crore as the first tranche of GST compensation shortfall to 16 states and two...

Smart Arithmetic: Centre Agreeing to Take on GST Debt Should Help States’ Finances

The Centre has shown its arithmetic abilities in the game of one-upmanship with states over who foots the GST compensation shortfall in this pandemic...

FM Writes to States Explaining Rs 1.1 Lakh Crore Borrowing Window for Meeting GST Shortfall

A day after the Centre agreed to borrow Rs 1.10 lakh crore on behalf of states for meeting GST shortfall, Finance Minister Nirmala Sitharaman...

Govt Issues Fresh Borrowing Calendar with Additional Rs 1.1 Lakh Crore for Meeting GST Shortfall

With the Centre deciding to borrow Rs 1.1 lakh crore on behalf of states to help them meet the GST revenue shortfall, the government...

Centre to Borrow Rs 1.1 Lakh Crore to Meet GST Compensation Cess Shortfall

New Delhi: The Union government will borrow around Rs 1.1...

Centre to borrow Rs 1.1 lakh crore for meeting GST compensation shortfall: Finance ministry – Times of India

NEW DELHI: The ministry of finance on Wednesday said that the Centre will borrow the estimated shortfall of Rs 1.1 lakh crore -- as...

Tamil Nadu, 20 Other States to Borrow Additional Rs 78,452 Cr to Meet Revenue Shortfall

A file photo of the ministry of finance, New Delhi.This is over and above the borrowing permission of around Rs 1.10 lakh crore to...

Amid Stalemate, Centre Permits 20 States to Raise Rs 68,825 Cr Via Borrowing to Meet GST Shortfall

A file photo of the ministry of finance, New Delhi.The Department of Expenditure, Ministry of Finance, granted permission to 20 states to raise an...

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