Poket News

Centre says cleared entire GST compensation to states due 

 

  • The govt has released the entire amount of GST compensation payable to States due to date by releasing an amount of 86,912 crores rupees.
  • This decision was taken to assist the States in managing their resources and ensuring that their programmes, especially the expenditure on capital is carried out successfully during the financial year. 
  • This decision has been taken despite the fact that only 25,000 crore rupees are available in the GST Compensation Fund.