Categories: Business

Due to GST: Government Loans, Provides Rs 75,000 Crore to the State

New Delhi: The government has borrowed and gave RS 75,000 CRORE countries to redeem deficiencies in their income due to GST implementation.
The Ministry of Finance said the amount released was about half of the 1.6 lakh Rs Crore which was agreed to be borrowed in the current fiscal by the center and was reduced to America and UTS based on their resource gap.
The amount released is the addition of normal GST compensation paid in the state of the state of the collection made of Cess retribution on luxury goods and sin.
Minister of Finance Nirmala Sitharaman in a tweet said, “Nearly 50% of the total deficiency for the whole year was released in a installment”.

news2in

Share
Published by
news2in

Recent Posts

44 ordered to attack the procession

Ludhiana: The police have submitted FIR to four identified and at least 40 unknown attackers…

3 years ago

Punjab: Police Reject conspiracy theory in the case of Deep Sidhu

Sonīpat / Ludhiana / Ambala: Actor Punjabi - Activist Activist Deep Sidhu, who died in…

3 years ago

Punjab: Hidden Strength Working Behind PM Narendra Modi, Arvind Kejriwal, said Rahul Gandhi

PATIALA / MANSA / BARNALA: Attacking Prime Minister Narendra Modi and AAP National Convener Kejriawal,…

3 years ago

BJP made AAP to endanger the Congress, said Ajay

Jalandhar: BJP and AAM AAM AADMI parties are one party, Secretary General of the Ajay…

3 years ago

Our job is to make Punjab No. 1 State: Meenakshi Lekhi

Ludhiana: Minister of Union Culture Meenakshi Lekhi while campaigning to support the BJP candidate from…

3 years ago

Feb 20 is an opportunity to change the destiny of Punjab and his children: Bhagwant Mann

Machhiwara (Ludhiana): AAM AAM AADMI Party (AAP) Head of Punjab Candidate and Members of Parliament…

3 years ago