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India Set to Contribute 9% to Global GDP Growth by 2035

Puja Devjani Mishra2 months ago2 months ago05 mins

Finance ministry official says reforms, resilience, and strong banking sector will drive India’s rise Bhubaneswar : India’s share in global GDP growth is projected to rise to 9 per cent by 2035, up from 6.5 per cent in 2024, according to M. Nagaraju, Secretary of the Department of Financial Services, Ministry of Finance. Speaking at…

Economists Warn GST Cuts Could Widen Revenue Loss to ₹2 Lakh Crore

Puja Devjani Mishra2 months ago05 mins

Economists argue real revenue hit could reach double the Finance Ministry’s figure. Bhubaneswar : The Union Finance Ministry has projected that the recent restructuring of Goods and Services Tax (GST) rates will lead to revenue losses of around ₹48,000 crore. However, several economists and research firms have challenged this estimate, suggesting the shortfall could range…

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India Set to Contribute 9% to Global GDP Growth by 2035

Economists Warn GST Cuts Could Widen Revenue Loss to ₹2 Lakh Crore