GST Council meet: Govt to borrow Rs 84,000 crore for compensation shortfall in H2

Times Now News

New Delhi:  The government will borrow Rs 84,000 cr in the October-March period to fund compensation to states for a shortfall in their Good Services Tax collections this financial year, a government official said.  “The plan to borrow Rs 1.59 lakh crore this year through a special window for meeting the shortfall in compensation cess collection stays. There is no change in that. The com…

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