Thursday, October 15, 2020

Finance Ministry opens Special Window to States for meeting the GST Compensation Cess shortfall

Finance Ministry - Special Window - GST Compensation Cess - GST Compensation - GST - TaxscanThe Finance Ministry has opened the Special Window to States for meeting the GST Compensation Cess shortfall. Under Option-I States were to be provided a Special Window of Borrowing of ₹1.1 lakh cr, and over and above that, an authorization for additional Open Market Borrowings of 0.5% of their GSDP. The authorization for increased OMBs […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3iXfmlf

No comments:

Post a Comment