India to remain fastest-growing major economy at 6.6 pc in FY27, down from 7.2 last year: World Bank https://www.taxtmi.com/news?id=73304 India's growth is projected to moderate to 6.6 per cent in fiscal year 2026-27, with the slowdown linked to weaker private demand caused by higher energy prices and other input costs. Goods and Services Tax rate reductions are expected to support consumer demand, while fuel tax reductions and other measures have been used to ease price pressures. Reduced tariffs and expected free trade agreements may mitigate weaker external demand, with growth projected to rebound in subsequent fiscal years. en-us Thu, 11 Jun 2026 21:01:04 +0530 Thu, 11 Jun 2026 21:01:04 +0530 TaxTMI RSS Generator India to remain fastest-growing major economy at 6.6 pc in FY27, down from 7.2 last year: World Bank https://www.taxtmi.com/news?id=73304 India's growth is projected to moderate to 6.6 per cent in fiscal year 2026-27, with the slowdown linked to weaker private demand caused by higher energy prices and other input costs. Goods and Services Tax rate reductions are expected to support consumer demand, while fuel tax reductions and other measures have been used to ease price pressures. Reduced tariffs and expected free trade agreements may mitigate weaker external demand, with growth projected to rebound in subsequent fiscal years. News - Thu, 11 Jun 2026 21:01:04 +0530 https://www.taxtmi.com/news?id=73304