Nov 5, 2025
India Cuts Taxes on Consumer Goods to Boost Domestic Demand
🛍️ Big boost for consumers! India slashes taxes on hundreds of goods — from small cars 🚗 to air-conditioners ❄️ — to spark domestic demand and simplify GST into two slabs (5% & 18%). A move to strengthen local markets as exports face global headwinds.
In a major fiscal move aimed at energising domestic consumption, India has announced tax cuts on hundreds of consumer goods — including sma