Government owes Rs 53,489 crore to states of GST compensation for FY22
The centre has told parliament it owes over Rs 53,000 crore to states in GST compensation for FY22. The finance ministry said extension of the compensation cess period till 2026 will also cover GST revenue shortfall apart from the stated objective of repaying the back-to-back GST loans.
The centre has told parliament it owes over Rs 53,000 crore to states in GST compensation for FY22. The finance ministry said extension of the compensation cess period till 2026 will also cover GST revenue shortfall apart from the stated objective of repaying the back-to-back GST loans.
Watch the accompanying video of CNBC-TV18’s Sapna Das for more details
First Published: Apr 4, 2022 6:17 PM IST
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Lok Sabha elections 2024: BJP's bid for breakthrough in Kerala is an uphill battle, say experts
Apr 23, 2024 9:53 PM
2024 Lok Sabha Elections | PM's Rajasthan speech — has it anything to do with the post-poll mood of the first phase
Apr 23, 2024 3:45 PM
It's KGF 2024 and here's a look at the key characters in Karnataka
Apr 23, 2024 3:17 PM
JP Morgan: Nifty may test 25,000 if BJP wins in 2024 Lok Sabha elections
Apr 23, 2024 2:23 PM