ETV Bharat / business

Reforms To Cushion Economy Against Adverse Effects Of Trade Disruptions; External Shocks Need Vigilance: Finance Ministry

The Finance Ministry's Monthly Economic Review said that the GST rate cuts will help lower inflation over the next year.

New Delhi: The government's reform agenda will cushion the economy against the adverse effects of trade disruptions, the Finance Ministry said on Friday, as it pitched for vigilance against external shocks and global market volatility.

Terming GST rationalisation as the "third leg of the tripod of tax reform" after the cut in corporate tax rate and personal I-T, the Finance Ministry's Monthly Economic Review said the GST rate cuts will help lower inflation over the next year and also bring a further upside bias to t

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