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GST, TAX CUTS LIKELY TO AMPLIFY INDIA'S GDP GROWTH: CEA NAGESWARAN
September 23, 2025
|The Business Guardian
CEA Nageswaran says GST, tax relief will boost FY26 GDP growth.
India’s Chief Economic Advisor (CEA) V Anantha Nageswaran on Monday said that the recently implemented GST 2.0 reforms, coupled with income taxreliefannounced in the Union Budget, will have a multiplier effect on the economy, pushing FY26 growth towards the upper end of the 6.3 to 6.8 per cent range.
Speaking at the Network18 Reforms Reloaded 2025 summit in Delhi, Nageswaran said, “The GST 2.0 is a very significant landmark reform. I am very confident that it will provide a very significant boost to domestic demand. In addition to the indirect taxes, there are concessions and reliefannouncedas part ofthe Union Budget. Taking amultiplier effect, these will quite definitely boost the GDP numbers.”
هذه القصة من طبعة September 23, 2025 من The Business Guardian.
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