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Read more about Ministry of Finance Says GST Compensation Shortfall Released To States Reaches Rs 1.06 Lakh Crore on Business Standard. Powered by Capital Market - Live News
Read more about 96% of GST compensation shortfall to states released so far, shows data on Business Standard. Under the special window, the Centre has been borrowing in Government Stock with a tenure of three years and five years on behalf of states
The Centre has released Rs 1.06 lakh crore to the states since October 2020 to meet GST compensation shortfall, the Finance Ministry said on Tuesday. The ministry has released the 19th weekly instalment of Rs 2,104 crore to 23 states and 3 Union Territories with Legislative Assembly (Delhi, Jammu & Kashmir & Puducherry), taking the total amount released so far under the special borrowing window set up in October last year to Rs 1.06 lakh crore. The remaining five states of Arunachal Pradesh, Manipur, Mizoram, Nagaland and Sikkim do not have a gap in revenue on account of Goods and Services...
Read more about NCLT can rule only on insolvency of corporate debtors, says Supreme Court on Business Standard. The Supreme Court on Monday held that the NCLT has jurisdiction to adjudicate disputes, which arises solely or relates to the insolvency of a corporate debtor.The top court, however, cautioned the National Company Law Tribunal (NCLT) and its