Centre to release Rs 20,000cr cess to states: FM

Union finance minister Nirmala Sitharaman on Monday said that Rs 20,000 crore compensation cess will be disbursed to the states. Compensation cess is given by the Centre to states for revenue losses.

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Oct 6, 2020 - 01:51
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Centre to release Rs 20,000cr cess to states: FM
Union finance minister Nirmala Sitharaman on Monday said that Rs 20,000 crore compensation cess will be disbursed to the states. Compensation cess is given by the Centre to states for revenue losses.