SBI report pegs Centre’s GST revenue loss at Rs 3.7k cr in FY26

SBI projects India’s GST revenue loss from recent rate cuts at Rs 3,700 crore in FY26, significantly lower than earlier estimates due to robust consumption and improved tax compliance. Experts anticipate that these reforms, part of GST 2.

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SBI report pegs Centre’s GST revenue loss at Rs 3.7k cr in FY26

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