India cuts consumption tax to spur domestic demand
5 Articles
5 Articles
Revenue of India Inc to go up 7 pc as GST cut spurs demand: Report
New Delhi, Sep 5 (IANS) The revenue of India Inc. will likely grow 6-7 per cent during the current financial year because of the reduction in the goods and services… Continue reading Revenue of India Inc to go up 7 pc as GST cut spurs demand: Report The post Revenue of India Inc to go up 7 pc as GST cut spurs demand: Report first appeared on Australia India News.
India Updates Consumption Tax Rules: What is Changing for the Tourism Industry
Skift Take: The changes in the taxation system have made one thing clear: India wants to make travel accessible to everyone, but it will not be subsidizing premium travel experiences.Read the Complete Story On Skift
Indian Finance Minister Nirmala Sitharaman announced tax cuts on hundreds of consumer items – from soaps to small cars – to boost domestic demand amid unfavorable economic conditions caused by US tariffs, Reuters reports.


India cuts consumption tax to spur domestic demand
Indian Finance Minister Nirmala Sitharaman speaks to the Economic Club of New York in New York City, U.S., October 21, 2024. REUTERS/Brendan McDermid/ File Photo NEW DELHI (Reuters) -Indian Finance Minister Nirmala Sitharaman decided on Wednesday to cut taxes on hundreds of consumer items ranging from soaps to small cars to spur domestic demand in the face of economic headwinds from punishing U.S. tariffs. The goods and services tax (GST) panel …
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