GST Council Approves New Two-Tier Tax Structure, Effective September 22
In a landmark decision aimed at boosting domestic demand amid global trade headwinds, the GST Council on Wednesday approved a new two-tier tax structure of 5% and 18%, with an additional 40% levy for demerit goods to be finalised later. The changes will come into effect from September 22. The decision was taken at the […]
Modi, Ishiba Set $65 Billion Investment Target, Unveil Five-Point Roadmap for India–Japan Ties
Prime Minister Narendra Modi on Friday joined Japanese Prime Minister Shigeru Ishiba in Tokyo for the India-Japan Economic Forum, underscoring the deepening economic partnership between the two nations. Speaking to industry leaders, Modi outlined a five-point roadmap aimed at taking bilateral cooperation to the next level. “Japan has always been a trusted partner in India’s […]
India Sees Limited Impact of US Tariffs, Bets on Reforms and Diversification
The imposition of a steep 50% tariff by the United States on Indian goods has triggered concern among exporters. But senior government sources insist the overall impact on India’s economy will be limited — and that this is a moment to accelerate reforms, not panic. Limited Economic Exposure India’s merchandise exports to the US stand […]