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Wednesday, November 5, 2025

Tag: fiscal policy

GST Collections Rise 4.6% to Rs 1.96 Lakh Crore in October 2025

India's GST revenue shows strong growth with Rs 1.96 lakh crore collections in October 2025, driven by consumer spending and import activity after tax reforms.

UK Economic Growth to Slow as Tax Hikes and Trade Wars Bite

EY forecasts UK growth will drop to 0.9% in 2026 amid Budget tax increases, trade tensions and high interest rates, with business confidence at record lows.

GST Revenue to Exceed Budget Estimates in FY26: SBI Research

India's GST collections projected to surpass government targets with states gaining up to 10.7% post-tax rationalisation. Latest analysis reveals positive revenue outlook.

Reeves Faces Tax Hike Decisions as Public Finances Remain Challenging

Chancellor Rachel Reeves confronts difficult Budget choices with potential mansion tax and spending cuts to address £20-50 billion fiscal shortfall.

IMF Chief: Global Economy Better Than Feared But Uncertainty Remains

IMF Managing Director Kristalina Georgieva says global economy shows resilience but faces ongoing challenges and uncertainty clouding the outlook.

India’s Inflation Hits 99-Month Low at 1.54% in September

CPI inflation drops to lowest since June 2017 as food prices turn negative, creating room for potential rate cuts by RBI in coming months.