New Delhi, Nov. 5 -- The net revenue shortfall arising from the recent Goods and Services Tax (GST) rationalisation, estimated at around 0.1 per cent of GDP for the current fiscal, is expected to be offset by the higher dividend transfer from the Reserve Bank of India (RBI), noted a report by CareEdge Ratings.

The report said that with tax collections having already moderated in the year so far, the lower nominal GDP growth projected for FY26 could pose additional challenges in meeting the full-year tax targets.

It added that the impact of income tax reductions and GST rationalisation on tax receipts during the remainder of the fiscal year warrants close monitoring.

It stated "The net revenue shortfall from GST rationalisation is expec...