Centre releases Rs 17,000 crore as GST compensation to states

Centre  has released  goods and services  tax (GST) compensation of Rs. 17,000 crore to states Wednesday, taking the total for FY 22 to Rs 60,000 crore so far.  As per the decision of GST  Council , back to back loan of Rs.1.59 lakh crore has already been released in lieu of shortfall in release of  GST compensation  during the current financial year, the finance…