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FM Assures No Cause Over Sufficiency of GST Cess Fund
The finance ministry assures there is no concern regarding the sufficiency of the GST compensation cess fund. It is on track to meet all obligations, including back-to-back loan repayments, with a projected minor surplus by March 2026. Collections are on target, dispelling shortfall fears.
New Delhi: The finance ministry Thursday said there is no cause for concern regarding the sufficiency of the compensation cess fund under Goods and Services Tax (GST), and that the Centre is on track to meet all related compensation and repayment obligations.
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