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    <title>Rs. 9,000 Crore set Apart for the 1st Instalment of the Balance of CST Compensation to States Work on Draft GST Constitutional Amendment Bill and GST Law Expected to be taken Forward</title>
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    <description>The Union Budget allocates a dedicated sum as the first instalment of the balance of compensation for loss arising from reduction in the Central Sales Tax rate and proposes concurrent work on a draft constitutional amendment and a draft GST law to be prepared by State Finance Ministers and the GST Council, while emphasising intergovernmental cooperation to finalise the legislative and institutional framework for GST.</description>
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