GST rationalisation likely to impact Karnataka’s Budget size

With GST rate rationalisation pinching revenue collection, Karnataka government is not only expecting a widening of fiscal deficit, but also the overall goal of having a nominal revenue surplus budget slip away by a couple of years

​With GST rate rationalisation pinching revenue collection, Karnataka government is not only expecting a widening of fiscal deficit, but also the overall goal of having a nominal revenue surplus budget slip away by a couple of years