GST revamp to add 30 bps to growth, say economists
- Posted on September 4, 2025
- By Business News Today
- 4 Views
GST revamp to add 30 bps to growth, say economists
India's economic growth is projected to receive a 0.2-0.3% boost due to the recent GST rationalization, simplifying the tax structure to two main slabs. Experts anticipate strengthened consumption, particularly benefiting the middle class with reduced rates on essential items and electronics.
