Government to reassess FY27 indirect tax assumptions
pre-market1 source ↓written by the desknot a recommendation
- overall
- 101% of the Budget target
- with CGST hitting
- 100.8%
- reaching
- 102%
- of their respective
- 101%
The Centre plans to rework indirect tax assumptions for FY27 due to global disruptions affecting revenue projections. Meanwhile, FY26 GST collections surpassed expectations, achieving 101% of the Budget target overall, with CGST hitting 100.8%. Customs and central excise revenues also performed well, reaching 102% and 101% of their respective targets, reflecting steady economic activity.
Not investment advice. For informational purposes only.