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GST rate cuts slow down Q1 tax collection growth

Published 1 Aug 2026

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India Business News: NEW DELHI: Centre’s fiscal deficit hovered around 18% of the full year’s estimate at the end of the first quarter, despite elevated capex and a slower.

NEW DELHI: Centre’s fiscal deficit hovered around 18% of the full year’s estimate at the end of the first quarter, despite elevated capex and a slower growth in tax revenue due to the impact of GST rationalisation. During April-June, the Centre’s tax... [2102 chars]

Source: Times of India

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