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GST Compensation Shortfall News

Finance Ministry

20 Jan 2022

Finance Ministry will release Rs 47,541 crore advance installment

States would receive a total of Rs 95,082 crore or double their respective entitlement during the month of January 2022. Last year in November too, the Centre had released the first advance installment of tax devolution. At that time, the government had released Rs 47,541 crore to states.

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