GST Rate Cuts to Cost Rs 15,000 Crore in Revenue, Widening Deficit 📉

The government faces a Rs 15,000 crore revenue shortfall after reducing GST on over 50 items, potentially impacting fiscal targets. Learn what this means for the economy.

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The government is expected to take a hit of Rs 15,000 crore after slashing GST rates on over 50 items, spiking revenue deficit

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Oct 7, 2019

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