Tuesday, February 10, 2026
Tuesday, February 10, 2026
HomeBREAKING NEWSCentre releases GST Compensation to States, UTs

Centre releases GST Compensation to States, UTs

Published on

New Delhi: The Central Government released GST Compensation to States and UTs on 24 November an amount of Rs. 17,000 crore towards the balance for the period April to June, 2022. The total amount of compensation released to the States and UTs so far, including the aforesaid amount, during the year 2022-23 is Rs.1,15,662 crore.

This is despite the fact that total Cess collection till October, 2022 is only Rs.72,147 crore and the balance of Rs. 43,515 crore is being released by the Centre from its own resources. With this release, the Centre has released, in advance, the entire amount of Cess estimated to be collected this year till March-end available for payment of compensation to States. This decision was taken to assist the States in managing their resources and ensuring that their programmes especially the expenditure on capital is carried out successfully during the financial year.

Advertisement

led

Even in May this year, the Central Government had released Rs. 86,912 crore as provisional GST compensation to States for the period Feb-May’2022 despite the fact that there was only about Rs. 25,000 crore in the GST Compensation Fund, by making arrangement of funds of around Rs. 62,000 crore from its own resources.

GST Compensation to State-wise details as per Table below

Name of the State/UT(Rs. in crore)
Andhra Pradesh682
Assam192
Bihar91
Chhattisgarh500
Delhi1,200
Goa119
Gujarat856
Haryana622
Himachal Pradesh226
Jammu and Kashmir208
Jharkhand338
Karnataka1,915
Kerala773
Madhya Pradesh722
Maharashtra2,081
Odisha524
Puducherry73
Punjab984
Rajasthan806
Tamil Nadu1,188
Telangana542
Uttar Pradesh1,202
Uttarakhand342
West Bengal814
Total17,000

Read Also | India will become a 5 trillion dollar economy by 2025: Amit Shah

Advertisement

Share Market

DIIs Overtake FIIs in Nifty50 Ownership for First Time

DIIs overtake FIIs in Nifty50 ownership for the first time, signalling a structural shift in India’s equity markets. Read why it matters.

Indian Equity Markets Close Higher After RBI Outlook

Indian equity markets close higher as RBI lifts growth outlook for H1 FY27. Sensex, Nifty end week positive. Read the market cues.

More like this

Network Readiness Index 2025 India Climbs Four Spots to Rank 45th Globally

Network Readiness Index 2025 India rising to 45th rank globally with gains in AI, telecom investment and ICT exports. Read full report

Odisha Paddy Procurement Crisis: Naveen Patnaik Accuses Govt of Betraying Farmers

Odisha paddy procurement crisis deepens as Patnaik accuses government of broken MSP promises, mandi exploitation and payment delays.

Scotland vs Italy T20 World Cup: Munsey Powers 73-Run Win

Italy National Cricket Team Match Scorecard Vs Scotland National Cricket Team Scotland vs Italy T20 World Cup opener sees Scotland