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Category: economy

GST Reforms Will Pump ₹2 Lakh Crore Into The Economy, Boosting Demand Across Sectors: Union Finance Minister Sitharaman

Union Finance Minister Nirmala Sitharaman said past revenue leakages due to misclassification and loopholes, such as differential tax treatment of popcorn varieties, had been plugged. Calling GST “one of India’s biggest reforms,” she said the changes would spur growth, especially in Bengal’s small-scale and craft-based industries, while boosting consumption nationwide.

India likely to resolve tariffs issue with US within two months: CEA

Speaking at an interactive session hosted by the Bharat Chamber of Commerce, Nageswaran said, Underneath the surface, conversations are going on between the two governments. My hunch is that in the next eight to ten weeks, we will likely see a solution to the tariffs imposed by the US on Indian goods.

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