News
GST compensation dues: Here are full details of two borrowing options for states
- Date:
- August 30, 2020
- Source:
- Money Control
The Government of India would be considering two options to make up for the Goods and Services Tax (GST) shortfall, it said in a statement on August 29. "The prevailing economic situation is such that central revenues are under greater strain than GST revenue," the government said, adding that there is a very large borrowing requirement that they face this year. On August 28, a report by eco…