GST Rate Cuts to Boost Consumption, Credit Growth and Economy: Bankers

Last updated: 09 September 2025

The landmark GST overhaul is set to give a major boost to household consumption, credit expansion and overall economic growth, according to leading bankers. On Wednesday, the GST Council approved sweeping changes to the indirect tax regime, slashing rates on nearly 396 items from household essentia

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Category GST   Report

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