Question
By how many basis points is the GST rationalisation
expected to boost revenue growth of organised apparel retailers in FY2025β26?Solution
As per the report, the GST rationalisation is expected to increase revenue growth of organised apparel retailers by 200 basis points (bps) in FY2025β26. This boost is attributed to the GST rate cut to 5% on apparel priced below βΉ2,500, which is likely to drive higher sales in the mid-premium and fast-fashion segments.
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Richest source of Vitamin C
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