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Rs 6K cr given to states to meet GST compensation shortfall


Rs 6K cr given to states to meet GST compensation shortfall
​ By
IANS
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Published on
​ Wed, Feb 3 2021 14:21 IST
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Temp GST compensation retention isn t diversion of cess: Fin Min sources. Image Source: IANS News
New Delhi, Feb 3 : Finance Ministry has released the 14th weekly instalment of Rs 6,000 crore to the states on Wednesday to meet the GST compensation shortfall.
Out of this, an amount of Rs 5,516.60 crore has been released to 23 states and an amount of Rs 483.40 crore has been released to the three union territories (UT) with Legislative Assembly (Delhi, Jammu & Kashmir, & Puducherry) who are members of the GST Council. The remaining five states Arunachal Pradesh, Manipur, Mizoram, Nagaland and Sikkim do not have a gap in revenue on account of GST implementation. ....

Jammu And Kashmir , Uttar Pradesh , New Delhi , Assembly Delhi , Finance Ministry , Legislative Assembly , Central Government , Gross States Domestic Product , ஜம்மு மற்றும் காஷ்மீர் , உத்தர் பிரதேஷ் , புதியது டெல்ஹி , சட்டசபை டெல்ஹி , நிதி அமைச்சகம் , சட்டமன்றம் சட்டசபை , மைய அரசு , மொத்த மாநிலங்களில் உள்நாட்டு ப்ராடக்ட் ,

FinMin releases weekly installment of ₹6,000 cr to States to meet GST shortfall


FinMin releases weekly installment of ₹6,000 cr to States to meet GST shortfall
Updated:
Updated:
February 03, 2021 17:43 IST
Till now, 76% of the total estimated GST compensation shortfall has been released to States and three Union Terrirtories.
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Image for representational purpose only.
  | Photo Credit: PTI
Till now, 76% of the total estimated GST compensation shortfall has been released to States and three Union Terrirtories.
The Finance Ministry on Wednesday released the 14th installment of ₹6,000 crore to States to meet the GST compensation shortfall, taking the total amount of fund released so far to ₹84,000 crore.
Till now, 76% of the total estimated GST compensation shortfall has been released to States and three Union Terrirtories. ....

Uttar Pradesh , Ministry On , Union Terrirtories , Assembly Delhi , Finance Ministry , Legislative Assembly , Arunachal Pradesh , Gross State Domestic Product , உத்தர் பிரதேஷ் , அமைச்சகம் ஆன் , சட்டசபை டெல்ஹி , நிதி அமைச்சகம் , சட்டமன்றம் சட்டசபை , அருணாச்சல் பிரதேஷ் , மொத்த நிலை உள்நாட்டு ப்ராடக்ட் ,

14th Installment of Rs 6,000 crore released to States to meet GST shortfall


14th Installment of Rs 6,000 crore released to States to meet GST shortfall
New Delhi : The Department of Expenditure under the Ministry of Finance on Wednesday released the 14th weekly installment of Rs 6,000 crore to the States today to meet the Goods and Services Tax (GST) compensation shortfall.
Out of this, an amount of Rs 5,516.60 crore has been released to 23 States, and an amount of Rs 483.40 crore has been released to the 3 Union Territories (UT) with Legislative Assembly (Delhi, Jammu, and Kashmir, Puducherry) who are members of the GST Council. The remaining 5 States, Arunachal Pradesh, Manipur, Mizoram, Nagaland, and Sikkim do not have a gap in revenue on account of GST implementation. ....

Jammu And Kashmir , Uttar Pradesh , New Delhi , Union Territories , Ministry Of Finance On , Department Of Expenditure , Assembly Delhi , Services Tax , Legislative Assembly , Arunachal Pradesh , Central Government , Gross States Domestic Product , ஜம்மு மற்றும் காஷ்மீர் , உத்தர் பிரதேஷ் , புதியது டெல்ஹி , தொழிற்சங்கம் பிரதேசங்கள் , அமைச்சகம் ஆஃப் நிதி ஆன் , துறை ஆஃப் செலவு , சட்டசபை டெல்ஹி , சேவைகள் வரி , சட்டமன்றம் சட்டசபை , அருணாச்சல் பிரதேஷ் , மைய அரசு , மொத்த மாநிலங்களில் உள்நாட்டு ப்ராடக்ட் ,

Finance Ministry Releases Weekly Installment of Rs 6,000 Crore to States to Meet GST Shortfall


Finance Ministry Releases Weekly Installment of Rs 6,000 Crore to States to Meet GST Shortfall
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The Finance Ministry on Wednesday released the 14th installment of Rs 6,000 crore to states to meet the GST compensation shortfall, taking the total amount of fund released so far to Rs 84,000 crore. Till now, 76 per cent of the total estimated GST compensation shortfall has been released to states and 3 UTs.
Out of this, an amount of Rs 76,616.16 crore has been released to 23 states and Rs 7,383.84 crore to the 3 UTs with Legislative Assembly (Delhi, J&K, Puducherry). The remaining 5 states, Arunachal Pradesh, Manipur, Mizoram, Nagaland and Sikkim, do not have a gap in revenue on account of GST implementation, it added. ....

Uttar Pradesh , Ministry On , Assembly Delhi , Finance Ministry , Legislative Assembly , Arunachal Pradesh , Gross State Domestic Product , உத்தர் பிரதேஷ் , அமைச்சகம் ஆன் , சட்டசபை டெல்ஹி , நிதி அமைச்சகம் , சட்டமன்றம் சட்டசபை , அருணாச்சல் பிரதேஷ் , மொத்த நிலை உள்நாட்டு ப்ராடக்ட் ,