https://www.taxtmi.com/news?id=24616 The Central Government released a tranche under the back-to-back loan facility to States and UTs with legislatures to address GST compensation shortfalls, with all eligible recipients agreeing to the funding mechanism; the loans are intended to support pandemic response and capital expenditure. The tranche is financed from five-year Central borrowings issued in the current financial year at a stated weighted average yield and is not expected to require additional market borrowing, and a recipient-wise allocation schedule accompanies the release. en-us Thu, 28 Oct 2021 17:33:12 +0530 Thu, 28 Oct 2021 17:33:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24616 The Central Government released a tranche under the back-to-back loan facility to States and UTs with legislatures to address GST compensation shortfalls, with all eligible recipients agreeing to the funding mechanism; the loans are intended to support pandemic response and capital expenditure. The tranche is financed from five-year Central borrowings issued in the current financial year at a stated weighted average yield and is not expected to require additional market borrowing, and a recipient-wise allocation schedule accompanies the release. News - Thu, 28 Oct 2021 17:33:12 +0530 https://www.taxtmi.com/news?id=24616