Outreach to states: Centre clears 34k crore GST transfers

Almost Rs 17,000 crore will go to states as the remaining compensation for June 2022, when the five-year compensation period ended. The money will flow to the states and two Union territories, Delhi and Puducherry, from the Centre as there is a shortfall in the GST Compensation Fund and will be recouped in coming months, the finance minister said after a meeting of the GST Council.

from Times of India https://timesofindia.indiatimes.com/business/india-business/outreach-to-states-centre-clears-34000-crore-gst-transfers/articleshow/98051490.cms