TMI BlogCentral Government borrows and transfers ₹ 6,000 crore as first tranche to 16 States on account of GST compensation under Special Borrowing WindowX X X X Extracts X X X X X X X X Extracts X X X X ..... Central Government borrows and transfers ₹ 6,000 crore as first tranche to 16 States on account of GST compensation under Special Borrowing Window - Goods and Services Tax - GST Dated:- 23-10-2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 020 - News - The Government of India has evolved a special borrowing window to addressthe shortfall in the GST collection during the year 2020 2021. 21 States and 2 Union Territories opted for this ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... special window involving back-to-back borrowing coordinated by the Ministry of Finance. Out of these, five States did not have any shortfall on account of GST compensation. Today, the Central Gov ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ernment borrowed and transferred ₹ 6,000crores as first tranche to 16 States namely Andhra Pradesh, Assam, Bihar, Goa, Gujarat, Haryana, Himachal Pradesh, Karnataka, Madhya Pradesh, Maharashtra, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Meghalaya, Odisha, Tamil Nadu, Tripura, Uttar Pradesh, Uttarakhandand 2 Union Territories: UT of Delhi and UT of Jammu and Kashmir. The borrowing is at an interest rate of 5.19 percent.It is inten ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ded to make weekly releases of ₹ 6,000 croreto the States.Tenor of borrowing is expected to be broadly in the range of 3 to 5 years. - News - Press release - PIB Tax Management India - taxman ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... agementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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