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7 hours ago

Duration: 0h 1m 44s

GST reforms will cause Rs 3,700 crore revenue loss to govt: SBI report

Name: GST reforms will cause Rs 3,700 crore revenue loss to govt: SBI report
Uploaded: Fri, 05 Sep 2025 15:19:31 +0530
Channel: Rediff Video Desk
Description: 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.The government estimates the net fiscal impact of GST rates rationalisation will be Rs 48,000 crore on an annualised basis.

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. The government estimates the net fiscal impact of GST rates rationalisation will be Rs 48,000 crore on an annualised basis.

Uploaded by: Rediff Video Desk on Fri, 05 Sep 2025 15:19:31 +0530

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