GST Rate Rationalisation Corrects Inverted Duty Structure, FM Tells Rajya Sabha

GST Rate Rationalisation Corrects Inverted Duty Structure, FM Tells Rajya Sabha

Finance Minister Nirmala Sitharaman has stated that GST rate rationalisation has effectively corrected the long-standing inverted duty structure faced by several industries, while also assuring that any remaining concerns flagged by industry stakeholders will be addressed in a systematic manner. Speaking in the Rajya Sabha, the Finance Minister highlighted that the recent restructuring of GST … Read more

November 2025 GST Collection Slows After Rate Rationalisation, Net Revenue at ₹1.5 Lakh Crore

November 2025 GST Collection Slows After Rate Rationalisation, Net Revenue at ₹1.5 Lakh Crore

India’s Goods and Services Tax (GST) revenue collection for November 2025 reflects the visible impact of recent tax rate rationalisation, with gross collections touching around ₹1.7 lakh crore, marking the lowest monthly GST mop-up since February 2024. The moderation in revenue comes at a time when the government has restructured GST slabs to ease the … Read more