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New Delhi: India’s growth trajectory is being actively supported by a series of coordinated policy measures aimed at boosting consumption, investment, and exports, according to Navneet Munot, Managing Director and CEO of HDFC Asset Management Company Limited. Speaking to ANI, Munot emphasised that the government has consistently focused on increasing capital expenditure, particularly in areas…
New Delhi: Union Finance Minister Nirmala Sitharaman on Sunday said that the Goods and Services Tax (GST) reforms have reduced the tax burden on people. Addressing the Joint Conclave of Trade and Industries Association – ‘Tax Reforms for Rising Bharat’ in Chennai, she explained that the four-tier GST structure has now been simplified to just…
New Delhi: The latest Goods and Services Tax (GST) rate rationalization is expected to give a strong boost to the fast-moving consumer goods (FMCG) sector, according to a report by Nuvama. The report stated that almost the entire FMCG pack will benefit from the announced tax cuts, which will translate into lower prices for…