Kerala gets ₹956.04 cr. as GST compensation
Second instalment after Dec. 7 when it received ₹642.12 cr. Kerala has received ₹956.04 crore from the Centre’s seventh weekly instalment of ₹6,000 crore to 23 States and three Union territories to meet the Goods and Services Tax (GST) compensation shortfall. For the State, reeling under a severe financial crisis due to the pandemic-induced lockdown, this will be a big relief as it is the second instalment in the past eight days. The ₹5,516.60 crore released to 23 States and ₹483.40 crore to the three Union Territories by the Centre on December 14 has been taken as loan through t...
Source: thehindu.com