The GST Council has introduced a significant procedural change in the GSTR-9 Annual Return for FY 2024–25, aimed at improving accuracy and reducing ambiguity in Input Tax Credit (ITC) disclosures. The ...
The State Bank of India (SBI), in its latest research report, said that reforms in GST through a reduction in rates will cause a minimal revenue loss of Rs 3,700 crore. The government estimates the ...
New Delhi, Sep 19: The recent Goods and Services Tax (GST) rationalisation will not have a significant fiscal burden on the government, a Crisil report has said. The government has estimated a net ...
The study estimates that GST 2.0 will result in a short-term revenue loss but this can be compensated by the broader consumption boost, improved compliance, and wider coverage over time The government ...
GST exemption significantly boosts health insurance coverage, increasing the average sum insured by 31%, according to a ...
The report said that although GST rationalisation is expected to result in revenue deflation, the government's path to fiscal consolidation is still achievable. It estimates the fiscal deficit for ...
The Budget should outline a phased roadmap to bring petroleum, electricity and other excluded inputs under GST to restore tax ...
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 ...
New Delhi, Sep 5: The net revenue shortfall from GST rationalisation is estimated at 0.1 per cent of GDP for this fiscal year, to be cushioned by the higher RBI dividend transfer, a report said on ...
According to the report, the average health insurance cover has increased from Rs 13 lakh to Rs 18 lakh, reflecting a growing awareness among consumers about the need for comprehensive protection ...
The State Bank of India (SBI) in its latest research report said that reforms in GST through reduction in rates will cause a minimal revenue loss of Rs 3,700 crore. Illustration: Dominic Xavier/Rediff ...
https://www.thehindubusinessline.com/economy/gst-reforms-will-cause-3700-crore-revenue-loss-to-government-sbi-report/article70015936.ece Copy The State Bank of India ...