Centre Releases Rs 1.04 lakh Crore GST Compensation Shortfall To States Since October

The central government has released Rs 1.04 lakh crore to states in four months since October 2020, to meet the GST compensation shortfall, the finance ministry said on March 8. The ministry on Monday released the 18th weekly instalment of Rs 4,000 crore to 23 states and 3 union territories with legislative assemblies (Delhi, Jammu & Kashmir and Puducherry), taking the total amount released so…