While the Centre had assured to compensate states in case GST collections did not grow 14% annually, the compensation requirement has shot up to an estimated Rs 3 lakh crore this year due to Covid-19. With a projected deficit of Rs 2.3 lakh crore, the Centre has come up with two options, involving market borrowings, to bridge the gap with repayment funded through the compensation cess.
from Times of India https://ift.tt/2GCAKPm
Subscribe to:
Post Comments (Atom)
Kusal Perera ruled out of India series due to injury: Report
from The Indian Express https://ift.tt/3rf5BoA
-
West Bengal Chief Minister Mamata Banerjee Monday inaugurated Rs 60-crore-skywalk at the famed Dakshineswar Temple at the outskirts of K...
-
from Times of India https://ift.tt/2FS6TlQ
-
In the film, Leone can be heard sharing a phone number with actor Diljit Dosanjh, which as it turns out, is Puneet Agarwal's number fr...
No comments:
Post a Comment