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Tag: revenue loss to government due to rate GST cuts

GST reforms will cause ₹3,700 crore revenue loss to government: SBI report

Posted on September 5, 2025 By admin
GST reforms will cause ₹3,700 crore revenue loss to government: SBI report

At the 56th meeting of GST Council meeting, the current four-tier structure has been replaced with a two-tier one, with a standard rate of 18% and five per cent, and de-merit rate of 40% on selected few goods and services. | Photo Credit: Getty Images The State Bank of India (SBI) in its latest research…

Read More “GST reforms will cause ₹3,700 crore revenue loss to government: SBI report” »

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