Dr Arvind Virmani, Member of NITI Aayog, predicted that India's GDP would increase by 6.5% in the current fiscal year. The ...

The current, simplified GST rate structure is expected to generate a net gain to consumption of between ₹70,000 crore and ₹1 ...

The Bharatiya Janata Party praised GST reforms, predicting a 99% price drop for goods, boosting GDP productivity. By simplifying tax slabs to 5% and 18%, the GST Council aims to enhance consumption ...

India's current four-tier system features tax slabs of 5%, 12%, and 28%. The new regime now includes a simplified two slabs at 5% and 18%. There is also a special 40% slab for select items and ...

V Anantha Nageswaran warns prolonged US tariffs pose a major risk to growth, but remains confident of meeting India's 6.3-6.8 per cent GDP target for FY26 ...

GST reforms are expected to buffer India against US tariffs, potentially boosting GDP growth by 0.2-0.3%. By restructuring the GST tax slabs and domestic demand substitution, India aims to mitigate ...

CEA Nageswaran warns US tariffs may reduce India’s GDP by 0.5%, expects 6.3–6.8% growth in FY26; GST reforms to boost economy, fiscal deficit target on track.

Finance Minister Nirmala Sitharaman said the decision of GST rate rationalisation was taken unanimously, with all states backing the move.

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

The role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help business ...

S&P Global Ratings yesterday raised its long- and short-term foreign currency sovereign credit ratings on Sri Lanka to ...