GST cuts will boost consumption by Rs 1 lakh crore in FY26, inflation to decline by 40 bps: BoB
New Delhi [India]: Consumption in India is expected to register a net gain of nearly Rs 1 lakh crore from September onwards, driven by the recent Goods and Services Tax (GST) rationalisation, according to a report by Bank of Baroda. The report estimated that the net gain to consumption would be in the range of … Continue reading GST cuts will boost consumption by Rs 1 lakh crore in FY26, inflation to decline by 40 bps: BoB
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