Tag Archives: Modis

Modi’s tax cuts will give India a festive spending boost

Modi’s tax cuts will give India a festive spending boost

Nikhil Inamdar & Archana ShuklaBBC News, Mumbai LightRocket via Getty Images Lower GST rates coincide with the beginning of a long festive season in India Starting Monday, the daily economic burdens of millions of Indians could ease slightly. Staples like milk and bread, life and medical insurance and life-saving drugs will become tax-free. Consumption tax on small cars, television sets …

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