https://www.taxtmi.com/news?id=23561 A twelfth weekly back-to-back loan instalment was borrowed by the Centre through a special borrowing window and released to States and UTs with legislatures to meet the GST compensation shortfall; cumulatively twelve rounds have passed Rs. 72,000 crore to subnational governments (about 65% of the estimated shortfall) and were raised at an average interest of 4.7024%. Separately, additional borrowing permission equal to 0.50% of GSDP was granted to 28 States that opted for Option I to mobilize further resources. en-us Mon, 18 Jan 2021 18:21:45 +0530 Mon, 18 Jan 2021 18:21:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23561 A twelfth weekly back-to-back loan instalment was borrowed by the Centre through a special borrowing window and released to States and UTs with legislatures to meet the GST compensation shortfall; cumulatively twelve rounds have passed Rs. 72,000 crore to subnational governments (about 65% of the estimated shortfall) and were raised at an average interest of 4.7024%. Separately, additional borrowing permission equal to 0.50% of GSDP was granted to 28 States that opted for Option I to mobilize further resources. News - Mon, 18 Jan 2021 18:21:45 +0530 https://www.taxtmi.com/news?id=23561