ReferIndia News GST 2.0 to unleash consumption, cushion India's economy from US tariff headwinds: India Inc

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GST 2.0 to unleash consumption, cushion India's economy from US tariff headwinds: India Inc

Published on: Sept. 4, 2025, 5:19 p.m. | Source: The Economic Times

Industry leaders believe that GST rate rationalization will boost India's economic growth. They expect increased consumption and a cushion against global headwinds. The GST Council approved rate changes, effective September 22. Business leaders like Ashok Hinduja and Anand Mahindra support the reforms. FICCI and CII anticipate improved compliance and consumer benefits.

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