https://www.taxtmi.com/news?id=13482 Ex post facto approval was granted for a Special Banking Arrangement under which a consortium of nationalized banks provided temporary loans to meet carried-over fertilizer subsidy liabilities for 2013-14; the loan and Government interest were repaid from the Budget Estimates for 2014-15 and accommodated within the sanctioned Vote on Account, thereby regularising retrospective use of banking credit to bridge subsidy payment delays. en-us Mon, 20 Oct 2014 10:15:44 +0530 Mon, 20 Oct 2014 10:15:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13482 Ex post facto approval was granted for a Special Banking Arrangement under which a consortium of nationalized banks provided temporary loans to meet carried-over fertilizer subsidy liabilities for 2013-14; the loan and Government interest were repaid from the Budget Estimates for 2014-15 and accommodated within the sanctioned Vote on Account, thereby regularising retrospective use of banking credit to bridge subsidy payment delays. News - Mon, 20 Oct 2014 10:15:44 +0530 https://www.taxtmi.com/news?id=13482