States may face ₹3 lakh crore GST compensation shortfall in FY22: Report
States may face ₹3 lakh crore GST compensation shortfall in FY22: Report The official handle of the GST Network (GSTN) has responded on Twitter. 2 min read . Updated: 15 Mar 2021, 08:07 PM IST PTI The states may face a shortfall of ₹2.7-3 lakh crore as GST compensation from the Centre next fiscal. Out of that amount, the shortfall from cess collections will be at ₹1.6-2 lakh crore, an Icra report says Share Via Read Full Story MUMBAI : States may face a GST compensation shortfall of ₹3 lakh crore in the next financial year, a situation that will force them to borrow more from th...
Source: livemint.com