https://www.taxtmi.com/news?id=61599 Cuts to Goods and Services Tax rates under a tax rate rationalisation that consolidated slabs to 5% and 18% lowered prices and, with a favourable base effect, drove wholesale price inflation down to -1.21% in October; the decline spanned food articles, fuel and power, and manufactured products and is cited as a key factor increasing pressure on monetary authorities to consider interest rate easing. en-us Fri, 14 Nov 2025 12:46:03 +0530 Fri, 14 Nov 2025 12:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=61599 Cuts to Goods and Services Tax rates under a tax rate rationalisation that consolidated slabs to 5% and 18% lowered prices and, with a favourable base effect, drove wholesale price inflation down to -1.21% in October; the decline spanned food articles, fuel and power, and manufactured products and is cited as a key factor increasing pressure on monetary authorities to consider interest rate easing. News - Fri, 14 Nov 2025 12:46:03 +0530 https://www.taxtmi.com/news?id=61599