Category Archives: GST

GST Collection Sparkles Despite Wholesale Cuts; Govt Foresees Marginal Shortfall From Budget Estimates, Upbeat About Oct Numbers Issue: To assess the impact of the sweeping GST rate rationalization (GST 2.0), which reduced tax on over 99% of items, on the government’s expected annual revenue targets and the overall GST collection buoyancy. Facts: The GST reforms,… Read More »

Staffing Services Need Relief from GST 2.0’s Tax Inequity that Has Made Gig Hiring More Attractive Issue: To highlight how the Goods and Services Tax (GST) 2.0 rate rationalization, despite lowering taxes on goods, maintains a high tax rate on formal manpower supply services (staffing), inadvertently creating a tax inequity that makes informal gig hiring… Read More »

GST Cuts Fuel Consumer Durables Output to 10-Month High Issue: To analyze the surge in consumer durables production in September 2025, determining the factors driving the growth and assessing the sustainability of this momentum, especially in light of the recent GST rate rationalization. Facts: The GST rate cuts were implemented effective September 22, 2025. The… Read More »

GST Collection Rises 4.6% Despite Rate Cuts; Total Collection at ₹1.96 Lakh Crore in October 2025; Festive Purchasing Drives Growth Issue: To analyze the revenue performance of the Goods and Services Tax (GST) in October 2025, specifically determining whether the strong consumer spending during the festive season successfully counteracted the expected revenue decline caused by… Read More »

GST 2.0 Next Generation Reform: Streamlined Notifications Issued for GST Rates and Exemptions W.E.F. September 22, 2025 Issue: To implement the comprehensive restructuring of India’s Goods and Services Tax (GST) rate system—known as GST 2.0—aimed at simplification, anomaly removal (like Inverted Duty Structure), and alignment with current economic policy. Facts: The GST Rate Reform 2.0… Read More »