GST rationalisation impact: Higher RBI dividend expected to offset revenue shortfall; CareEdge flags tax pressure

Recent GST rate rationalisation is projected to cause a 0.1% of GDP revenue loss this fiscal year. However, a higher dividend payout from the RBI is expected to offset this shortfall. Analysts suggest that while tax inflows may moderate, fiscal balance could be maintained through non-tax revenue and potential consumption-driven GST gains.