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Tag: GST compensation

Punjab short by 43% of targeted GST revenue

Punjab is still short by 43% to meet its annual target of over Rs 15,858 crore collection. Out of total of around Rs 4,000...

Kerala and West Bengal choose Option 1 to meet GST implementation shortfall

Kerala and West Bengal have opted for Option -1 to meet GST Compensation shortfall. Now, the number of states who have chosen the option...

GST revenue shortfall: Kerala CM urges PM to raise borrowing limit

Kerala Chief Minister has requested to PM to increase the borrowing amount under the special window facility provided by the Centre for meeting the Goods...

GST compensation shortfall: Kerala may take Option 1 under protest

After initially rejecting both options, Kerala might become the third of the dissenting states to take up the Rs 1.1 lakh crore borrowing option....

Odisha gets second tranche of GST compensation

Odisha has received Rs. 287.12Crore in second installment of GST compensation. Out of the Rs.12,000Crore released by Centre, Odisha has got Rs  576.92 crore....

Centre to transfer second tranche of funds to states to meet GST shortfall

The Centre has transferred Rs.6,000crore to sixteen states and three union territories under the special borrowing arrangement. This amount was raised at a weighted...

HC refuses to direct Centre to pay dues

The Madras High Court (HC) has refused to issue a direction to the Centre to release GST compensation of Rs.12,250 crore to the Tamil...

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