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GST Rate Rationalisation To Boost India's GDP Growth By 0.4-0.6% In 12 Months: Economists

PM Modi on Independence Day announced the next generation GST reforms, expected by Diwali, rationalizing the tax rates and boosting consumption. As per the Centre’s proposal, the existing 12% and 28% ...
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Rs 2.4 lakh crore GST boost! Jefferies, Morgan Stanley decode impact on stocks, economy

Prime Minister Narendra Modi's announcement of the GST reform on Independence Day has prompted brokerages to forecast a demand boost of Rs 2.4 lakh crore, potentially adding 50–70 basis points to ...