Lower GST will boost India’s economy higher, says FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman announced a new dual-slab GST structure expected to significantly boost India’s economy. The government is also preparing a package for US tariff-affected export sectors and relentlessly working on next-generation policy changes. While not directly addressing tariff issues, the GST reform is anticipated to spur demand and provide some relief to affected […]
Will Indian banks meet the SWIFT ISO 20022 implementation deadline?
Indian banks are accelerating efforts to fully implement SWIFT’s ISO 20022 messaging standard by the November 2025 deadline, driven by directives from the Ministry of Finance and the RBI. Several major banks, including SBI and ICICI Bank, have already migrated to the new system. Failure to comply with the deadline could result in payment disruptions […]