
GST reforms: SBI sees Rs 1.98 lakh crore consumption boost; warns of Rs 85k crore annual revenue hit
Published on: Aug. 19, 2025, 10:03 p.m. | Source: Times of India
India Business News: SBI Research indicates that a proposed two-tier GST structure, featuring lower rates on household goods, could increase consumption by Rs 1.98 lakh cr