Tag: GST
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GST Revenue FY26: SBI Research Projects Higher Collections Than Budgeted
Overview: SBI Research Sets a Positive Tone for GST Revenue The latest SBI Research report suggests that the Goods and Services Tax (GST) revenue for the financial year 2026 (FY26) is poised to surpass the government’s budget estimates. This optimistic projection comes even as the tax system navigates the complexities of state-level adjustments and the…
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GST Revenue FY26 to Exceed Budget Estimates, SBI Research Says
Overview: SBI Research’s View on FY26 GST Collections Indian tax authorities are anticipated to collect more GST revenue in Financial Year 2026 (FY26) than what the budget originally projected. SBI Research has highlighted that even after accounting for the typical gains and losses across states due to policy changes, compliance shifts, and economic cycles, the…
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SBI Research: GST Revenue in FY26 to Surpass Budget Estimates
GST Revenue in FY26 Expected to exceed Budget Estimates, Says SBI Research The latest SBI Research report indicates that Goods and Services Tax (GST) revenue for the Financial Year 2026 (FY26) is poised to stay higher than the budgeted collections. According to the study, the tax structure, combined with continued economic momentum, will likely push…
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GST Reduction on Tirumala Rooms Brings Relief to Devotees
GST Reduction on Tirumala Rooms: A Relief for Devotees The Tirumala Tirupati Devasthanams (TTD) has announced a key financial relief for pilgrims: the Goods and Services Tax on Tirumala room tariffs is being reduced, in line with the central government’s cut on services. TTD Chief Executive Officer Anil Kumar Singhal stated that the necessary file…
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Tirumala GST Cut on Rooms Brings Relief to Devotees
GST reduction on Tirumala room rents Devotees visiting the Tirumala temple complex have reason to smile as the Tirumala Tirupati Devasthanams (TTD) announced a GST reduction on Tirumala lodging. The move follows the central government’s decision to lower GST on services, a policy shift that TTD says will directly translate into lower room rents for…
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GST Reforms Continue: Prime Minister Modi’s Vision for India
Introduction to GST Reforms In recent discussions, Prime Minister Modi emphasized the ongoing reforms related to the Goods and Services Tax (GST) that aim to bolster India’s economy amidst changing global dynamics. He highlighted the necessity for India to evolve into a self-reliant nation, ensuring that our growth trajectory remains uncompromised by external factors. The…
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GST Reforms Continue: Insights from Prime Minister Modi
Introduction to GST Reforms GST, or Goods and Services Tax, has transformed India’s economic landscape since its implementation. Prime Minister Modi has emphasized the importance of continuing GST reforms to enhance the nation’s growth and self-reliance. As India navigates global challenges, these reforms play a vital role in ensuring economic stability. Historic Changes in Taxation…
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PM Modi Hints at GST Reforms and Tax Cuts in Greater Noida
PM Modi’s Address at the International Trade Show In a significant address at the International Trade Show in Greater Noida, Prime Minister Narendra Modi hinted at upcoming reforms in the Goods and Services Tax (GST). Echoing his commitment to economic advancement, he indicated that the government will not rest on its laurels and is poised…
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PM Modi Signals Further GST Cuts and Economic Reforms
Introduction to GST Reform Hints by PM Modi During the International Trade Show in Greater Noida on September 25, 2025, Prime Minister Narendra Modi made significant announcements regarding the Goods and Services Tax (GST) reforms. He hinted at potential reductions in GST rates as part of larger economic reforms slated for the year 2025. This…
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GST Rate Cut: Transforming India’s Economic Landscape
Introduction to the GST Rate Cut The recent announcement of a GST (Goods and Services Tax) rate cut in India marks a significant milestone in the country’s tax reform journey. Prime Minister Narendra Modi declared that this transformation is not just about reducing tax, but about enhancing the economic framework to benefit the common man.…