https://www.taxtmi.com/news?id=23534 The Central Government released an eleventh weekly instalment under a back-to-back loan arrangement, transferring proceeds of Centre-borrowings to States and UTs with legislatures to address GST compensation shortfalls. Borrowings have been effected via a special borrowing window in multiple rounds since October 2020 at specified interest rates, with aggregate amounts and the share released to each State and three UTs reported. Separately, an additional borrowing permission equivalent to 0.50% of GSDP has been granted to States choosing the designated option, with 28 States permitted to borrow the full additional amount. en-us Mon, 11 Jan 2021 17:46:07 +0530 Mon, 11 Jan 2021 17:46:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23534 The Central Government released an eleventh weekly instalment under a back-to-back loan arrangement, transferring proceeds of Centre-borrowings to States and UTs with legislatures to address GST compensation shortfalls. Borrowings have been effected via a special borrowing window in multiple rounds since October 2020 at specified interest rates, with aggregate amounts and the share released to each State and three UTs reported. Separately, an additional borrowing permission equivalent to 0.50% of GSDP has been granted to States choosing the designated option, with 28 States permitted to borrow the full additional amount. News - Mon, 11 Jan 2021 17:46:07 +0530 https://www.taxtmi.com/news?id=23534