President Kovind Praises Notes Ban, GST In Independence Day Speech

On the flipside, the brokerage assessed that a pullback in commodity prices could mean big gains for players like Britannia and GCPL, without structurally altering growth or margin profiles.

Nestle has delivered superior growth over the last four quarters following GST 2.0, and it expects growth momentum to moderate on account of a high base, rising food inflation, and limited room for Ebitda margin expansion, which is already at 24%, highlights the brokerage.

Weak monsoon, costlier inputs and a high base from last year’s GST cuts worry investors, but Goldman Sachs says Marico and Tata Consumer face the lowest risk of an earnings slowdown

Although gold prices may be high, you are likely to receive lesser value for your jewellery as making charges, GST, etc are not refunded.

Robust direct tax and GST collections, along with stronger customs receipts, are expected to help the Centre meet its FY27 net tax revenue target of Rs 28.7 lakh crore, cushioning a potential shortfall in excise duty collections.