07-September-2025
Economy News
 
GST 2.0 impact: JM Financial flags capex slowdown, fiscal deficit challenge
05-Sep-2025

The GST rate revision by the Government has raised many questions on fiscal sustainability and the consumption boost. The GST revision has reduced rates on 90 per cent of the categories, while the newly announced category of 40 per cent has some surprise entrants as well. JM Financial pointed out that though this is likely to boost consumption, the capex slowdown and fiscal deficit challenges could be a concern

News Source:- https://www.financialexpress.com/policy/economy-gst-2-0-impact-jm-financial-flags-capex-slowdown-fiscal-deficit-challenge-3966891/