GST revamp: India's new regime to lift demand, consumption - here's what Morgan Stanley says
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India's consumption is set for a boost. Morgan Stanley reports that GST reforms and income tax cuts will drive demand. The government plans a simplified GST system with fewer slabs. This could significantly impact growth, fiscal balance, and inflation. Experts predict a positive effect on growth. Consumption accounts for a large portion of India's GDP. What's Your Reaction?
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