Central Govt releases Rs 6,000 cr as second tranche to 16 states and 3 UTs on account of GST Compensation under Special Borrowing Window

The Ministry of Finance, Government of India, under its “Special Window to States for meeting the GST Compensation Cess shortfall,” will be releasing an amount of Rs 6000 crore as second tranche to 16 States and 3 Union Territories today. This amount was raised at a weighted average yield of 4.42 per cent. This amount will be passed on […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2HR5tJ8