India Bets on GST Reform to Drive Consumption Amid Rising U.S. Tariffs

India Bets on GST Reform to Drive Consumption Amid Rising U.S. Tariffs

New Delhi: As global headwinds mount and trade tensions with the United States deepen, the Indian government is preparing a bold revamp of its tax system to keep domestic demand strong. Prime Minister Narendra Modi has made a announcement last week saying that a simplified goods and services tax (GST) regime would be rolled out…