ReferIndia News India's Tax Transformation: Simplification and Growth in Focus

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India's Tax Transformation: Simplification and Growth in Focus

Published on: Dec. 25, 2025, 10:42 a.m. | Source: Devdiscourse

India's 2025 tax reforms streamlined GST and income tax systems, focusing on boosting domestic consumption and economic growth. The changes include reduced GST rates, increased income tax exemptions, and plans for customs duty simplification. These reforms aim to strengthen economic predictability and ease the business environment.

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