Denemek ALTIN - Özgür
GST cuts to boost demand, but global risks loom, says finmin
Mint Bangalore
|October 28, 2025
Goods and Services Tax (GST) rate cuts are set to bolster domestic demand by easing the tax burden on consumers and businesses, spurring consumption and investment across sectors, and supporting job creation, the finance ministry said in its monthly economic review for September, released on Monday.
A strong performance in industry and services, along with a stable labour market, is expected to reinforce this momentum, the ministry noted. However, it cautioned that persistent global uncertainties could weigh on exports and external demand, posing downside risks to growth.
The report said ongoing structural reforms and new government initiatives, including the roll-out of GST 2.0, are expected to cushion the economy against these challenges.
Bu hikaye Mint Bangalore dergisinin October 28, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Mint Bangalore'den DAHA FAZLA HİKAYE
Mint Bangalore
Treks, digs, new vistas to draw tourists
Trekking trails in the Himalayas and the Ghats, archaeological sites such as the Indus Valley Civilisation excavations in Gujarat and Haryana, and Buddhist sites in the Northeastern states are among places the Centre has proposed for thematic tourism.
1 mins
February 02, 2026
Mint Bangalore
Power surge for beleaguered discoms: ₹18,000 crore for reforms
The government has allocated ₹18,000 crore in the budget for FY27 for the revamped distribution sector scheme (RDSS) amid a renewed push to reform power distribution.
3 mins
February 02, 2026
Mint Bangalore
The budget's focus on capabilities reveals its long view
The macroeconomic numbers for India’s economy would be the envy of others.
3 mins
February 02, 2026
Mint Bangalore
Centre to retain states’ share of central taxes at 41% for FY27-31
The central government has decided to retain states’ share in the central government's divisible pool of taxes at 41% for the five-year period starting FY27, in line with the recommendations ofthe Sixteenth Finance Commission (SFC) chaired by economist Arvind Panagariya.
2 mins
February 02, 2026
Mint Bangalore
Budget balancing of capex, deficits
build domestic capacity in key intermediate goods such as pharmaceuticals, rare earths, semiconductors, electronic components, and chemicals.
1 min
February 02, 2026
Mint Bangalore
The budget adheres to a tried and tested formula
India's 2026-27 budget may broadly be apt for now. But as fiscal policy adopts a distant debt target, the Centre must remain adaptive—and ready to contain any big-spender instincts
2 mins
February 02, 2026
Mint Bangalore
STILL BUILDING: CAPEX TAP KEEPS FLOWING
₹12.2 trillion allocated for infrastructure development in FY27, an increase of 8.83% from last year's ₹11.21 trillion
3 mins
February 02, 2026
Mint Bangalore
Duty breaks to boost battery production
Finance minister Nirmala Sitharaman announced a slew of exemptions on basic customs duty (BCD) for equipment and raw material imported to develop a domestic clean power ecosystem.
2 mins
February 02, 2026
Mint Bangalore
Sindoor effect: India’s capital outlay for defence jumps 18%
India has increased the capital outlay for defence by about 18% to nearly ₹2.2 trillion for the financial year starting 1 April (FY27), as the country looks to acquire sophisticated weapons and modernise its military assets amid rising security risks.
2 mins
February 02, 2026
Mint Bangalore
Shock to the system: Power sector funders to get a rejig
Finance minister Nirmala Sitharaman on Sunday announced the restructuring of state-owned Power Finance Corp. (PFC) and its arm REC Ltd (formerly Rural Electrification Corp.), as part of the government's broader vision for non-banking financial companies (NBFCs).
2 mins
February 02, 2026
Listen
Translate
Change font size