https://www.taxtmi.com/news?id=23378 The central government's special borrowing window provides participating States and Union Territories with centrally raised funds to cover GST compensation shortfalls; States electing this option also receive unconditional permission to borrow an additional 0.50% of GSDP under the broader authorised fiscal headroom. The mechanism operates by central borrowings passed on to opting governments in instalments, with state-wise allocations and a schedule of transfers recorded; recently joined States will receive funds in subsequent borrowing rounds. en-us Wed, 25 Nov 2020 18:07:07 +0530 Wed, 25 Nov 2020 18:07:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23378 The central government's special borrowing window provides participating States and Union Territories with centrally raised funds to cover GST compensation shortfalls; States electing this option also receive unconditional permission to borrow an additional 0.50% of GSDP under the broader authorised fiscal headroom. The mechanism operates by central borrowings passed on to opting governments in instalments, with state-wise allocations and a schedule of transfers recorded; recently joined States will receive funds in subsequent borrowing rounds. News - Wed, 25 Nov 2020 18:07:07 +0530 https://www.taxtmi.com/news?id=23378