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GST reforms will cause Rs 3,700 crore revenue loss to govt: SBI report

The State Bank of India (SBI) in its latest research report said that reforms in GST through reduction in rates will cause a minimal revenue loss of Rs 3,700 crore. The government estimates the net fiscal impact of GST rates rationalisation will be Rs 48,000 crore on an annualised basis.

Uploaded by: Rediff Video Desk on Fri, 05 Sep 2025 15:19:31 +0530

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