India’s GST Council has approved a new two-rate tax structure, cutting GST on a wide range of goods and services. The reforms are aimed at benefiting the common man and boosting key economic sectors.
The Confederation of Indian Industry (CII) has outlined a bold reform roadmap for India’s vision of becoming a developed nation by 2047. From simplifying GST and modernizing trade to empowering MSMEs, attracting FDI, and ensuring labour flexibility, the roadmap is a blueprint for transforming India’s economy. This blog breaks down every reform, global comparison, challenges, and the way forward—helping you understand how India plans to achieve the Viksit Bharat 2047 dream.
On August 6, 2025, the Reserve Bank of India (RBI) kept the repo rate unchanged at 5.50%. While most headlines focus on how this affects EMIs and home loans, the bigger question for businesses engaged in global trade is—does it impact Indian customs and international shipments?
Summary of customs duty changes announced in the latest budget. Includes tariff item details, rate changes, effective dates, and treatment before implementation. Stay informed about import/export duty adjustments.
