Zomato, Swiggy, NRAI Push Budget 2026 For ITC Restoration, GST Rationalisation
Food delivery ecosystem is lobbying ahead of the February 1 Budget for restoration of input tax credit for restaurants currently under 5% GST without ITC, alongside TCS clarity, ESOP tax fixes and gig-worker welfare incentives. Outcome could materially reset margins across the restaurant and aggregator stack.
Food delivery ecosystem including Zomato, Swiggy and NRAI is lobbying for Budget 2026 tax relief, seeking ITC restoration for restaurants, GST rationalisation, TCS clarity, ESOP tax fixes and gig-worker welfare incentives ahead of February 1 presentation.
Why this matters
Lobbying push follows Zomato's recent platform fee hike to Rs 14.9 and withdrawal of a contested pricing clause after restaurant pushback, signalling margin pressure across the aggregator stack.
Retail-company signals steady at 3,326 over the last 90 days.