https://www.taxtmi.com/news?id=23403 Option-1 permits States and Union Territories to meet GST implementation revenue shortfalls by obtaining funds through a centrally arranged special borrowing window and, separately, grants participating States unconditional permission to raise the final instalment of additional borrowing tied to Gross State Domestic Product previously authorised under the national stimulus; the central government has operationalised the window, passed on multiple tranches of funds to opting States/UTs, and issued state-specific additional borrowing permissions following formal acceptance of Option-1. en-us Thu, 03 Dec 2020 13:20:15 +0530 Thu, 03 Dec 2020 13:20:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23403 Option-1 permits States and Union Territories to meet GST implementation revenue shortfalls by obtaining funds through a centrally arranged special borrowing window and, separately, grants participating States unconditional permission to raise the final instalment of additional borrowing tied to Gross State Domestic Product previously authorised under the national stimulus; the central government has operationalised the window, passed on multiple tranches of funds to opting States/UTs, and issued state-specific additional borrowing permissions following formal acceptance of Option-1. News - Thu, 03 Dec 2020 13:20:15 +0530 https://www.taxtmi.com/news?id=23403