https://www.taxtmi.com/news?id=23506 The central government disbursed a tenth instalment of funds as back-to-back loans to States and UTs via a special borrowing window established to meet the GST compensation shortfall, passing on borrowed funds at the applicable interest rate to eligible sub national governments. Concurrently, States opting for Option I were granted additional borrowing permission equal to 0.50% of GSDP to mobilise further resources; 28 States received permission for the full additional amount. The document lists statewise allocations and cumulative disbursements under both mechanisms. en-us Mon, 04 Jan 2021 18:36:12 +0530 Mon, 04 Jan 2021 18:36:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23506 The central government disbursed a tenth instalment of funds as back-to-back loans to States and UTs via a special borrowing window established to meet the GST compensation shortfall, passing on borrowed funds at the applicable interest rate to eligible sub national governments. Concurrently, States opting for Option I were granted additional borrowing permission equal to 0.50% of GSDP to mobilise further resources; 28 States received permission for the full additional amount. The document lists statewise allocations and cumulative disbursements under both mechanisms. News - Mon, 04 Jan 2021 18:36:12 +0530 https://www.taxtmi.com/news?id=23506