{"id":13932,"date":"2025-08-23T14:28:31","date_gmt":"2025-08-23T08:58:31","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=13932"},"modified":"2025-08-23T14:44:27","modified_gmt":"2025-08-23T09:14:27","slug":"gst-council-meeting-tax-reforms-revenue-impact","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/gst-council-meeting-tax-reforms-revenue-impact\/","title":{"rendered":"GST Council Meeting: Tax Reforms and Revenue Concerns"},"content":{"rendered":"<p data-start=\"604\" data-end=\"788\">The upcoming GST Council meeting is expected to focus on tax reforms and changes in GST slabs, but the real challenge lies in addressing the impact on government revenue.<\/p>\n<p data-start=\"790\" data-end=\"1129\">Prime Minister\u2019s announcement of next-generation GST reforms by Diwali has raised expectations. The Group of Ministers (GoM) has already recommended moving towards two primary slabs \u2013 18% and 5% \u2013 with a higher 40% slab for select goods. This makes reforms highly probable and gives the Centre time to fine-tune the proposal.<\/p>\n<p>Also Read: <a href=\"https:\/\/www.niftytrader.in\/content\/us-air-force-navy-aim260-lockheed-missile\/\">US Air Force and Navy Eye $1 Billion for Lockheed Martin\u2019s AIM-260 Missile<\/a><\/p>\n<h2 data-start=\"1131\" data-end=\"1164\">Revenue Concerns for States<\/h2>\n<p data-start=\"1165\" data-end=\"1502\">While the reform looks promising, States fear revenue losses. According to an SBI research paper, the weighted average GST rate could fall from 14.4% to 9.5%, leading to an annual revenue loss of nearly \u20b985,000 crore. This is a substantial figure, and mere hopes of higher consumption may not fully ease state concerns.<\/p>\n<h2 data-start=\"1504\" data-end=\"1525\">Market Insights<\/h2>\n<p data-start=\"1526\" data-end=\"1873\">In FY 2024\u201325, GST collections stood at \u20b922.08 lakh crore, with 65% of revenue coming from the 18% slab. Analysts believe that the shift of items from the 28% slab to 18% could balance out the movement from 18% to 5%, limiting revenue damage. Meanwhile, the proposed 40% slab on select commodities may further cushion losses.<\/p>\n<h2 data-start=\"1875\" data-end=\"1892\">Key Insight<\/h2>\n<p data-start=\"1893\" data-end=\"2085\">The real test will be balancing simplified tax slabs with revenue stability. While reforms may encourage consumption and compliance, states will seek stronger assurances before agreeing.<\/p>\n<p><i>Click here to explore: <a href=\"https:\/\/www.niftytrader.in\/sensex-today\">Sensex Today<\/a><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The upcoming GST Council meeting is expected to focus on tax reforms and changes in GST slabs, but the real challenge lies in addressing the impact on government revenue. Prime Minister\u2019s announcement of next-generation GST reforms by Diwali has raised expectations. The Group of Ministers (GoM) has already recommended moving towards two primary slabs \u2013 [&hellip;]<\/p>\n","protected":false},"author":7,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1370],"tags":[],"ppma_author":[1384],"class_list":{"0":"post-13932","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-economy-blog"}," _eael_post_view_count":0,"authors":[{"term_id":1384,"user_id":7,"is_guest":0,"slug":"jitesh-kanwariya","display_name":"Jitesh Kanwariya","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/08\/Jitesh-Kanwriya.jpeg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/08\/Jitesh-Kanwriya.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/13932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=13932"}],"version-history":[{"count":2,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/13932\/revisions"}],"predecessor-version":[{"id":13945,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/13932\/revisions\/13945"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/13824"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=13932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=13932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=13932"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=13932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}