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GST Cuts Set to Sustain India’s Consumption Boost

By BPN News Desk October 19, 2025
Business Finance
Union Finance Minister Nirmala Sitharaman on Saturday said the recent Goods and Services Tax (GST) rate cuts have boosted consumer demand and are likely to sustain momentum in the coming months. She noted that businesses have started passing on tax benefits, reflected in stronger sales of
Business Finance

GST Rate Reductions Effect from September 22

By BPN News Desk September 17, 2025
Finance Minister Nirmala Sitharaman announced that recent GST rate cuts will take effect from 22 September 2025. These cuts are expected to streamline tax slabs and reduce rates across many consumer goods. Economic Impact Projected The government estimates these reforms will inject about ₹2 lakh crore into the Indian economy by increasing cash in the […]
Business Finance

Nirmala Sitharaman Urges Respectful NBFC Recoveries

By BPN News Desk July 11, 2025
Union Finance Minister Nirmala Sitharaman has called on non-banking financial companies (NBFCs) to follow respectful and fair practices while recovering loans. Speaking at a financial sector event in New Delhi, she stressed that while financial institutions have every right to recover dues, the methods must never compromise the dignity of borrowers. She cited instances

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