FinMin releases entire Rs 1.10 lakh crore estimated FY’21 GST shortfall to states

The finance ministry on Monday said it has released the full Rs 1.10 lakh crore estimated GST compensation shortfall to the states with the release of final weekly installment of Rs 4,104 crore. With the release of the 20 th  installment, 100 per cent of the total estimated GST compensation shortfall of Rs 1.10 lakh crore for the year 2020-21 has now been released to the states and UTs with L…