No New GoM on GST Revenue Losses Yet, Says FM Sitharaman

Last updated: 18 December 2025


The Union Government has acknowledged that the ongoing Goods and Services Tax (GST) rate rationalisation exercise could result in a significant net revenue loss for States, even after accounting for additional collections from higher tax slabs. Responding to a starred question in the Lok Sabha, Fin
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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