GST Reforms: Nomura Retains India's GDP Growth Forecast At 6.2%, Inflation At 2.7% For FY26

GST Reforms: The centre has also proposed to introduce a 40% slab for sin and luxury goods. In theory, removing 12% and 18% tax slab would lead to a loss of 0.19% of the GDP growth.

Aug 20, 2025 - 11:00
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GST Reforms: Nomura Retains India's GDP Growth Forecast At 6.2%, Inflation At 2.7% For FY26
GST Reforms: The centre has also proposed to introduce a 40% slab for sin and luxury goods. In theory, removing 12% and 18% tax slab would lead to a loss of 0.19% of the GDP growth.

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