Centre writes to states seeking their choice for borrowings to meet GST compensation shortfall
The Centre formally proposed two options for borrowings to meet the shortfall in goods and service tax (GST) compensation for FY 2020-21 to states, giving them seven working days to revert with their choice. State finance secretaries will meet Union finance secretary and expenditure secretary on September 1, 2020 for clarifying issues. States can individually … Read more