Breaks down the 2025 GST changes affecting accommodation services. Key takeaway: rooms under ₹7,500 are taxed at 5% without ITC, while higher-priced rooms continue at 18% with ...

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 ...

The recent rationalisation of Goods and Services Tax (GST), also being referred to as GST 2.0, is expected to provide a significant boost to consumption in the current financial year, according to a ...

Online retail prices of consumer goods have seen a net 7-10 percent correction following the September 2025 Goods and ...

The 15th Finance Commission observed that this improvement is likely due to the destination-based principle of taxation under ...

The government's move to remove Goods and Services Tax (GST) on health insurance plans has triggered a sharp rise in demand, with the overall uptake for higher health insurance coverage surging by 38 ...

The introduction of GST in 2017 led to declines in state tax revenues from the subsumed taxes, decreasing from 6.5% of GDP in ...

Recent GST rate rationalisation is projected to cause a 0.1% of GDP revenue loss this fiscal year. However, a higher dividend ...

New Delhi: GST rate cuts have led to retail price reductions and increased household spending, which have offset the ...

Notably, during the launch of the GST 2.0 regime, while the government's estimates of likely revenue foregone due to GST rate rationalisation were ₹48,000 crore, many research agencies estimated ...

SBI Research says GST rationalisation will strengthen India’s tax base and revenue buoyancy in the coming quarters, defying ...

The report projects that even after accounting for similar gains and losses across states following tax rationalisation measures, Goods and Services Tax (GST) receipts in FY26 are likely to surpass ...