Growth to get lift, boost for demand after GST rationalisation, say economists

  • Posted on August 16, 2025
  • By Business News Today
  • 1 Views
Growth to get lift, boost for demand after GST rationalisation, say economists

Economists predict that the Goods and Services Tax (GST) rationalization will significantly boost domestic demand, providing crucial support to the Indian economy amidst challenges posed by US tariffs. The simplified tax structure, particularly benefiting essentials, is expected to increase disposable income for lower and middle-income consumers.
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