Quick Summary
Central Government releases Rs 6,000 crore as second tranche to 16 states and 3 Union Territories on account of GST compensation under Special Borrowing Window Ministry of Finance has facilitated loans of Rs 12,000 crore till date under the Special Window to States/UTs The Ministry of Finance, Government of India, under its Special Window to States for meeting the GST Compensation Cess shortfall,will be releasingan amount of Rs 6000 crore as second tranche to 16 States and 3 Union Territor
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The Central Government has released Rs 6,000 crore as the second tranche of GST compensation.
This second tranche has been released to 16 states and 3 Union Territories.
Under the Special Window, the Ministry of Finance has facilitated loans totalling Rs 12,000 crore to date.
The loans are being released at a weighted average yield of 4.42%.
The funds have been released to Andhra Pradesh, Assam, Bihar, Goa, Gujarat, Haryana, Himachal Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Meghalaya, Odisha, Tamil Nadu, Tripura, Uttar Pradesh, Uttarakhand, UT of Delhi, UT of Jammu and Kashmir, and UT of Puducherry.
CAclubindia
