Tag: economic growth
Fitch raises GDP forecast to 6.9%, says reforms to boost consumption
New Delhi: The GST reform will stimulate consumption and reduce risks to the economic growth outlook as higher US tariffs threaten export demand, Fitch Ratings…
New GST rates, coming into effect this Navratri, to boost economy: Ashwini Vaishnaw
The income tax relief provided for in the 2025-26 Budget, coupled with GST rate rationalisation, is set to further push India’s economy to another level,…
HT Interview: Govt focus will now shift on ensuring transmission of rate cuts to consumers, says Sitharaman
Increased consumption may well help the government end the financial year with no impact on revenue on account of the rationalisation in GST rates, finance…
Tax tweak to tame CPI by 50-90 bps
Around one-fourth of items, mostly essential and household goods, in India’s inflation basket will be taxed at 5% following the goods and service tax cuts…
Industry must pass on GST gains to buyers: Piyush Goyal
Commerce and industry minister Piyush Goyal said he has asked industry to pass on the benefits of lower goods and services tax (GST) to consumers…