https://www.taxtmi.com/news?id=62513 S&P Global Ratings projects India's GDP growth at 6.5% in FY2026 and 6.7% in FY2027, with consumption becoming the primary growth driver due to income tax relief, reduced GST rates on about 375 mass-consumption items, and a 50-basis-point central bank rate cut; elevated US tariffs on Indian goods are a downside risk to export-oriented manufacturing and labour-intensive sectors, while a trade agreement or tariff reductions would reduce uncertainty and bolster confidence. en-us Mon, 24 Nov 2025 10:31:02 +0530 Mon, 24 Nov 2025 10:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=62513 S&P Global Ratings projects India's GDP growth at 6.5% in FY2026 and 6.7% in FY2027, with consumption becoming the primary growth driver due to income tax relief, reduced GST rates on about 375 mass-consumption items, and a 50-basis-point central bank rate cut; elevated US tariffs on Indian goods are a downside risk to export-oriented manufacturing and labour-intensive sectors, while a trade agreement or tariff reductions would reduce uncertainty and bolster confidence. News - Mon, 24 Nov 2025 10:31:02 +0530 https://www.taxtmi.com/news?id=62513