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GST Return

GST, SMEStreet Banking & Finance

₹75,000 Cr Released to States and UTs with Legislature as GST Compensation

43rd GST Council Meeting held on 28.05.2021, it was decided that the Central Government would borrow ₹1.59 lakh crore and release it to States and UTs with Legislature on a back-to-back basis to meet the resource gap due to the short release of Compensation on account of inadequate amount in the Compensation Fund.

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