{"id":15398,"date":"2020-10-12T17:29:30","date_gmt":"2020-10-12T11:59:30","guid":{"rendered":"http:\/\/udaen.info\/?p=15398"},"modified":"2020-10-12T17:29:30","modified_gmt":"2020-10-12T11:59:30","slug":"gst-council-meets-today-to-discuss-compensation-issue","status":"publish","type":"post","link":"https:\/\/udaen.info\/?p=15398","title":{"rendered":"GST Council meets today to discuss compensation issue"},"content":{"rendered":"<div class=\"container\">\n<div class=\"row\">\n<div class=\"col-xs-12\">\n<h1 class=\"news_heading detail_title\">GST Council meets today to discuss compensation issue<\/h1>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"panel-display panel-1col clearfix\">\n<div class=\"panel-panel panel-col\">\n<div>\n<div class=\"panel-pane pane-panels-mini pane-news-details\">\n<div id=\"mini-panel-news_details\" class=\"panel-display panel-2col clearfix\">\n<div class=\"panel-panel panel-col-first\">\n<div class=\"inside\">\n<div class=\"panel-pane pane-views pane-news\">\n<div class=\"view view-news view-id-news view-display-id-block view-dom-id-00307efd1cb3497d505c93e079cffbf3\">\n<div class=\"view-content\">\n<div class=\"item-list\">\n<ul>\n<li class=\"views-row views-row-1 views-row-odd views-row-first views-row-last\">\n<div>\n<div class=\"social_share detail_share\">\n<p class=\"date\">12-10-2020 | 3:13 pm<\/p>\n<div class=\"social_share_box\"><span class=\"share\">Share Now<img decoding=\"async\" class=\"contrast_light\" src=\"http:\/\/ddnews.gov.in\/sites\/all\/themes\/cmf\/theme\/images\/share.png\" alt=\"\" \/><\/span><\/p>\n<ul class=\"sharebtns\">\n<li class=\"s_icons\"><a class=\"facebook\" title=\"The in%2Fbusiness%2Fgst-council-meets-today-discuss-compensation-issue file Open in new window\" role=\"link\" href=\"https:\/\/www.facebook.com\/sharer.php?u=http%3A%2F%2Fddnews.gov.in%2Fbusiness%2Fgst-council-meets-today-discuss-compensation-issue\" target=\"_BLANK\">Share on Facebook<\/a><\/li>\n<li class=\"s_icons\"><a class=\"twitter\" title=\"The in%2Fbusiness%2Fgst-council-meets-today-discuss-compensation-issue file Open in new window\" role=\"link\" href=\"http:\/\/twitter.com\/share?url=http%3A%2F%2Fddnews.gov.in%2Fbusiness%2Fgst-council-meets-today-discuss-compensation-issue\" target=\"_BLANK\">Share on Twitter<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"views-field views-field-php-1\"><span class=\"field-content\"><img decoding=\"async\" title=\"GST Council meets today to discuss compensation issue\" src=\"http:\/\/ddnews.gov.in\/sites\/default\/files\/GST_26.jpg\" alt=\"GST Council meets today to discuss compensation issue\" \/><\/span><\/div>\n<div>\n<div class=\"news_content\">\n<p class=\"heading_small\">Finance Minister Nirmala Sitharaman will chair the 43rd GST Council meeting through video conferencing in New Delhi today.<\/p>\n<p class=\"rtejustify\">The decision on the mode of payment of pending GST compensation share of the states is likely to be discussed in the meeting.<\/p>\n<p class=\"rtejustify\">The meeting will be attended by Minister of State for Finance Anurag Thakur and Finance Ministers of States and Union Territories.<\/p>\n<p>In the last meeting, Nirmala\u00a0 Sitharaman had assured that States\u2019 Goods and Services Tax revenue shortfall this year either due to GST implementation or due to covid will be met completely.<\/p>\n<p class=\"rtejustify\">She said, nobody is going to be denied compensation for losses.<\/p>\n<p>In the 41st meeting of the GST Council in August, Centre had given two borrowing options to States to meet GST compensation requirement for the current financial year.<\/p>\n<p class=\"rtejustify\">States can borrow either 97 thousand crore rupees from a special window facilitated by the RBI or two lakh 35 thousand crore rupees from the market.<\/p>\n<p class=\"rtejustify\">The Finance Ministry had said, 21 States had opted to borrow 97 thousand crore rupees to meet the GST revenue shortfall.<\/p>\n<p>However, other states did not choose any option and wanted the Centre to borrow and pay the shortfall.<\/p>\n<\/div>\n<\/div>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>GST Council meets today to discuss compensation issue 12-10-2020 | 3:13 pm Share Now Share on Facebook Share on Twitter Finance Minister Nirmala Sitharaman will chair the 43rd GST Council meeting through video conferencing in New Delhi today. The decision on the mode of payment of pending GST compensation share of the states is likely [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[1],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/15398"}],"collection":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15398"}],"version-history":[{"count":1,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/15398\/revisions"}],"predecessor-version":[{"id":15399,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/15398\/revisions\/15399"}],"wp:attachment":[{"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}