New GST: According to the Crisil report, rationalising GST rates will bring more goods and services under the formal tax net, thereby boosting tax collection in the medium term. GST 2.0: Following the ...
The central government’s revenue loss from the recent GST rate cuts is projected to be only around Rs 3,700 crore in FY26, cushioned by stronger consumption and higher tax collections, according to a ...
(MENAFN- IANS) New Delhi, Nov 24 (IANS) GST rate rationalisation provided a huge boost to consumer demand and manufacturing output during the recent festive season, and sustaining the uptick will ...
India’s GST 2.0 triggers strong auto demand and investment optimism as Japan deepens its manufacturing presence, Grant Thornton Bharat says India’s sweeping GST 2.0 reforms have sharply boosted demand ...
GST reforms are projected to reduce retail inflation by up to 35 basis points in 2025-26, with an estimated 25 basis points decline already observed between September and November 2025 due to rate ...
India's tax reforms under GST 2.0 played a key role in supporting domestic consumption and economic growth in 2025, helping offset the impact of global trade disruptions, according to a report by ...
The report further said that the new GST amendment has caused a host of issues, including funding challenges, reduced growth, job losses and heightened sectoral uncertainty Out of the 12 companies ...
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