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GST Council meeting: Centre gives States two options for borrowing to meet revenue shortfall

Thu Aug 27 , 2020
The revenue gap is due to the impact of the COVID-19 pandemic, which is an “act of God”, says Nirmala Sitharaman The Centre has presented two options at the GST Council for borrowing by States to meet an estimated GST compensation shortfall of ₹2.35 lakh crore this year. A decision […]

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