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Graphic of the day: GST cuts benefit the urban wealthy

A FICCI analysis shows that due to higher consumption, urban and high-income households receive the greatest absolute tax savings from reduced GST

By Samreen Wani
Last Updated: Sep 22, 2025, 14:18 IST1 min
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Based on FICCI data, urban households in the top income bracket are the biggest beneficiaries of lower GST, saving over ₹1154. This highlights a key point: due to their higher consumption, absolute tax savings are greater for the wealthy and urban population
Based on FICCI data, urban households in the top income bracket are the biggest beneficiaries of lower GST, saving over ₹1154. This highlights a key point: due to their higher consumption, absolute tax savings are greater for the wealthy and urban population

First Published: Sep 22, 2025, 14:18

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