A major overhaul of the goods and services tax (GST) system came into effect on Sept. 22.
- India’s GST slabs were cut to 5% and 18%, effective from September 22
- Wholesale inflation narrowed in November due to improved food prices
- Union Budget included historic simultaneous cuts in GST and income tax
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Let us know.As 2025 draws to a close, India's economic landscape reflects a mix of resilience, reform, and recalibration. From tax overhauls to monetary easing, here are six defining developments that dominated headlines and policy debates this year.
