https://www.taxtmi.com/news?id=24552 The Central Government released funds to States and Union Territories with legislatures under a back-to-back loan facility to meet the GST compensation shortfall, passing through central borrowings on specified tenor tranches to bridge gaps from inadequate cess collections; eligible units agreed to the arrangement, which is additional to routine cess-based compensation and is frontloaded to assist public expenditure planning, health infrastructure and capital projects, with allocations set out by State and tenor tranche. en-us Thu, 07 Oct 2021 16:03:04 +0530 Thu, 07 Oct 2021 16:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24552 The Central Government released funds to States and Union Territories with legislatures under a back-to-back loan facility to meet the GST compensation shortfall, passing through central borrowings on specified tenor tranches to bridge gaps from inadequate cess collections; eligible units agreed to the arrangement, which is additional to routine cess-based compensation and is frontloaded to assist public expenditure planning, health infrastructure and capital projects, with allocations set out by State and tenor tranche. News - Thu, 07 Oct 2021 16:03:04 +0530 https://www.taxtmi.com/news?id=24552