https://www.taxtmi.com/news?id=23586 The Department of Expenditure released the latest weekly instalment under a central special borrowing window created to meet the GST compensation shortfall, bringing cumulative pass through borrowings to States and UTs to seventy eight thousand crore at an average interest rate of 4.7491%; the most recent borrowing was at 5.3083%. Separately, the Central Government authorised additional borrowing permission of 0.50% of GSDP for States choosing Option I, and permission for the full additional amount was granted to twenty eight States; five States reported no GST compensation gap. en-us Mon, 25 Jan 2021 13:20:40 +0530 Mon, 25 Jan 2021 13:20:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23586 The Department of Expenditure released the latest weekly instalment under a central special borrowing window created to meet the GST compensation shortfall, bringing cumulative pass through borrowings to States and UTs to seventy eight thousand crore at an average interest rate of 4.7491%; the most recent borrowing was at 5.3083%. Separately, the Central Government authorised additional borrowing permission of 0.50% of GSDP for States choosing Option I, and permission for the full additional amount was granted to twenty eight States; five States reported no GST compensation gap. News - Mon, 25 Jan 2021 13:20:40 +0530 https://www.taxtmi.com/news?id=23586