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Budget 2026 Unlocks ₹50,000 Cr GST Refunds: Footwear & Pharma Sector Benefits

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Budget 2026 marks a significant shift in India’s GST refund ecosystem with the release of nearly ₹50,000 crore towards pending and accelerated GST refunds. This move is expected to directly benefit manufacturing-heavy sectors, especially footwear and pharmaceuticals, which consistently face input tax credit accumulation due to inverted duty structures. The government’s focus in 202... https://www.getmyca.com/

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