Keki Mistry stresses that reducing tax rates boosts compliance, growth, job creation, and consumption. Key areas include infrastructure, defence, affordable housing, and corporate tax cuts. He expects a recovery in household financial savings and suggests GST cuts for middle-income groups. Anticipates interest rate cuts and highlights F&O segment regulation and insurance sector potential.
RBI to cut rates in December to 6.25%, say narrow majority of economists: Reuters poll
India’s central bank is expected to cut its key policy rate by 0.25% in December to support slowing economic growth. A Reuters poll shows a
October 30, 2024