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India eyes sweeping goods and services tax cuts to soften blow of US tariffs, boost autos and consumer electronics

  • Digitimes faviconDigitimes

    Sep 1, 2025, 9:51 pm517 ptsHotTop
    photo of India eyes sweeping goods and services tax cuts to soften blow of US tariffs, boost autos and consumer electronics imageIndia is preparing its most significant tax overhaul in nearly a decade, with plans to cut goods and services tax (GST) rates by at least 10 percentage points on nearly 175 products, according to Reuters, citing two people familiar with the matter. The move comes as the government seeks to counter the economic…
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