India approves tax cuts for hundreds of consumer items to spur demand
- 04-Sep-2025
NEW DELHI: India’s Finance Minister Nirmala Sitharaman on Wednesday announced tax cuts on hundreds of consumer items ranging from soaps to small cars to spur domestic demand in the face of economic headwinds from punishing U.S. tariffs. The goods and services tax panel approved lowering taxes on everyday items and simplifying their structure, the Indian […]