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 ...
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Charting GST 2.0: Paving the way for reform through rate rationalisation and compensation cess rethink, PWC report
As India marks eight years since the launch of the Goods and Services Tax (GST), the focus now shifts to a new chapter—GST 2.0. A recent PWC white paper lays out critical recommendations, highlighting ...
New Delhi, Dec 24: Recent reforms under GST 2.0 show that simplification and tax moderation can coexist with strong revenue growth, a report said on Wednesday, calling for freezing peak tax rates and ...
New Delhi: The government's decision to exempt Goods and Services Tax (GST) on health insurance from 18 per cent to nil has led to a sharp rise in health cover sizes, with the average sum insured ...
Gross GST collections rose 6.1 per cent to over Rs 1.74 lakh crore in December 2025, even as sweeping tax cuts slowed down growth in revenues from domestic transactions, according to government data ...
India's tax reforms under GST 2.0 played a key role in supporting domestic consumption and economic growth in 2025, helping offset the impact of global trade disruptions, according to a report by ...
Central and state GST officials are said to be reviewing the grievances raised by online gaming startups since last year The upcoming GST Council meetings in June or July could see further clarity on ...
The report further said that the new GST amendment has caused a host of issues, including funding challenges, reduced growth, job losses and heightened sectoral uncertainty Out of the 12 companies ...
The auto component sector is poised for growth due to strong demand recovery and a robust order pipeline post-GST cut.
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