Societe Generale warns of narrow demand impact on GST
pre-market1 source ↓written by the desknot a recommendation
French investment bank Societe Generale has warned that a narrow demand response is constraining India’s GST collections. The analysis indicates that consumption remains concentrated in specific sectors, making tax revenues vulnerable to sector-specific shocks. This limited base could restrict the government's fiscal space amid ongoing economic scrutiny.
Not investment advice. For informational purposes only.