FM Sitharaman quotes Raghuram Rajan to explain Rupee's depreciation against dollar
Tuesday, 11 February 2025 Union finance minister Nirmala Sitharaman cites former RBI Governor Raghuram Rajan during her Lok Sabha address concerning the rupee's depreciation against the dollar. She highlights that currency fluctuations have impacted major global economies, noting a 6.5% increase in the dollar index between October and January.
Union Finance Minister Nirmala Sitharaman announced various important goods and services free from GST. The items included in this list range from food items,.. DNA
India is set for a major GST overhaul starting September 22, as Finance Minister Nirmala Sitharaman announced a new two-tier GST rate structure of 5% and 18%.
From soaps to small cars, several common-use items will see revised prices. Sitharaman said the move is part of a broader “structural reform” aimed at strengthening the economy while reducing rates on essentials.
The GST Council’s decision was unanimous, with no state opposing the revision. According to the Finance Minister, the changes focus on the main drivers of the economy while making goods of daily use more affordable for ordinary citizens.
So, what gets cheaper and what turns costlier? Watch the full breakdown of India’s biggest GST shake-up in years.
#GST #NirmalaSitharaman #GSTOverhaul #IndiaEconomy #GSTCouncil #BreakingNews #TaxReform #CommonMan #IndiaNews #Finance
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Tuesday, 11 February 2025
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