Rs. 39,893 Cr released as GST Compensation to States from July to February, says Finmin

Minister of State for Finance Shri. Rajiv Pratap Shukla presents the figures of GST compensation paid to States / Union Territories, says that a total of Rs. 39,893 Cr has been released for the period July 2017 to February 2018; Revenue loss to States during transition phase has been calculated as follows – Rs. 10,806 Cr during July to August, Rs. 13,694 Cr during September to October, Rs. 3,898 Cr during November to December, and Rs. 11,495 Cr during January to February; E...