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The Economic Times

Economy / The Economic Times

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In Graphics: How GST cuts triggered a rally for Indian businesses

Government analysis reveals that last September's Goods and Services Tax rate adjustments led to a significant expansion of the tax base. Higher taxable supplies more than compensated for reduced tax rates, boosting average monthly taxable supply by 22.5% in the latter half of FY26. This positive outcome marks a notable impact as the GST nears its ninth anniversary.

1 Jul 2026 1:10 am