IMF Says GST Reforms To Cushion US Tariff Impact On India - A2Z Taxcorp LLP

The International Monetary Fund (IMF) has said that India’s Goods and Services Tax (GST) rate cuts will more than offset the adverse effects of higher US tariffs on Indian exports, helping the economy sustain its growth momentum. In its latest Regional Economic Outlook released this week, the IMF projected India’s economy to expand by 6.6 per cent in FY 2025-26, up from 6.5 per cent in FY 2024-25.…