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      Golf Links murderers will be nabbed ‘within few days’

      Eviction wrong word for resettling Sweeper Colony residents: Prestone

      Scuffle breaks out between Mawshbuit residents, Army

      Scuffle breaks out between Mawshbuit residents, Army

      ‘Piecemeal’ coal auction will take years to complete: Mukul

      Mukul questions lack of VVPAT in GHADC election

      Garo Hills SSA keep up pressure on Govt for release of pending salaries

      NPP makes excuses for flouting Covid protocols during GHADC campaign

      Curfew timing relaxed by 1 hour in East Khasi Hills

      East Khasi Hills subjected to curfew from 10pm once again

      Garo Hills SSA keep up pressure on Govt for release of pending salaries

      EKH notifies quarantine hotels

      Garo Hills SSA keep up pressure on Govt for release of pending salaries

      Dakopgre sub-post office gutted in fire

      Fast-acting cops douse fire lit by miscreants

      Fast-acting cops douse fire lit by miscreants

      GHADC vote goes off peacefully

      GHADC vote goes off peacefully

      Trending Tags

      • North East
      • National
        Free Covid vaccination for elderly persons

        ‘India fastest nation to administer 100 million doses of COVID vaccine’

        PM asks states to check laxity in containing COVID-19

        PM asks states to check laxity in containing COVID-19

        COVID-19 spreading at fast pace, next 4 weeks critical: Centre

        COVID-19 spreading at fast pace, next 4 weeks critical: Centre

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      Home Meghalaya

      State get over 41 crore as GST compensation

      HP News Service by HP News Service
      April 5, 2021
      in Meghalaya
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      The Central government has released GST compensation of Rs 41.9917 crore to Meghalaya as part compensation admissible for financial year 2020-21.

      In addition, the Centre also released the ad hoc Integrated GST Settlement amounting to Rs 22 crore to the State.

      The Centre has released Rs 30,000 crore to the states as GST compensation on March 27, and about Rs 63,000 crore is pending for the current fiscal.

      The total amount of GST compensation released so far this fiscal ending (March 31) is Rs 70,000 crore. This is over and above the Rs 1.10 lakh crore released to states under the special borrowing mechanism to compensate them for shortfall in the Goods and Services Tax (GST) collection this financial year.

      In addition, the Centre has also settled Integrated GST (IGST) of Rs 28,000 crore, of which Rs 14,000 crore has been shared equally between states and the Centre.

      “Taking into account the release of GST Compensation, back to back loan and ad hoc IGST settlement, balance of only Rs 63,000 crore approx GST Compensation is pending to states/union territories for FY 2020-21,” the Finance Ministry said.

       

      HP News Service

      HP News Service

      An English daily newspaper from Shillong published by Readington Marwein, proprietor of Mawphor Khasi Daily Newspaper, who established the first Khasi daily in 1989.

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      You’re visiting the official website of Highland Post, a leading and most circulated English daily of Meghalaya published by the Mawphor Group. Stay updated with our e-edition for latest updates from Meghalaya, North Eastern India and World as a whole.

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