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India's GST revenue is projected to exceed estimates in 2025-26 due to stronger growth and compliance.
SBI Research projects that India's GST revenue for fiscal year 2025-26 will surpass government estimates, fueled by stronger economic activity, higher compliance, and a wider tax base. Growth in consumption, industrial output, and digital transactions are cited as key drivers. The outlook suggests improved fiscal stability, potentially allowing for increased spending on infrastructure and social programs, with continued policy support and administrative efficiency seen as vital to sustaining momentum.
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