States to remain ‘net gainers’ of GST rate rationalisation: SBI Research
States will remain “net gainers” of the proposed GST rate rationalisation exercise with their GST revenues, including devolution, estimated to be over ₹14.10 lakh crore this fiscal, according to an SBI Research report released on Tuesday (September 2, 2025). It said that, as was evidenced in the earlier exercise of GST rate rationalisation in 2018…
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