https://www.taxtmi.com/news?id=69813 The Indo US trade agreement lowers the reciprocal tariff on Indian goods from 25% to 18%, removing significant economic uncertainty. The government will review deal details to determine effects on the FY27 Budget prepared under prior tariff assumptions, while remaining confident about meeting fiscal commitments and noting potential upside to receipts and divestment. Separately, insufficient banking sector credit growth prompted announcement of a high level expert committee to recommend measures to improve credit and support long term development goals. en-us Tue, 03 Feb 2026 14:31:03 +0530 Tue, 03 Feb 2026 14:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69813 The Indo US trade agreement lowers the reciprocal tariff on Indian goods from 25% to 18%, removing significant economic uncertainty. The government will review deal details to determine effects on the FY27 Budget prepared under prior tariff assumptions, while remaining confident about meeting fiscal commitments and noting potential upside to receipts and divestment. Separately, insufficient banking sector credit growth prompted announcement of a high level expert committee to recommend measures to improve credit and support long term development goals. News - Tue, 03 Feb 2026 14:31:03 +0530 https://www.taxtmi.com/news?id=69813