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IMF says GST to speed Indian growth above 8 percent

In an interview, Tao Zhang, Deputy Managing Director of the International Monetary Fund said that when strong-minded Goods and Services Tax will be applied from July 1 in India, it will aid raise India’s medium-term development more than 8 percent. IMF has mentioned GST will recreate expected higher growth in the upcoming time. He said that government has made important ... Read More »

India On Track To Knock Britain Out Of World’s Top 5 Economies

Indian Economy

In a very upbeat estimation about the growth of Indian economy, the International Monetary Fund has indicated that India will be overtaking Germany by 2022 as the world’s fourth-largest economy and will be pushing the UK out of the top five economies of the world. The IMF also warned of the challenges that Indian economy is facing in form of tax system, distressed ... Read More »

IMF says India’s growth is remarkable in recent past years

According to the International Monetary Fund’s official, India’s growth has been remarkable in the recent past years which results in making a path for tax expansion struggles by the Indian government. He said that removal of fuel grants and the focusing on social benefits have conveyed by the government. Vitor Gasper, director of the IMF Fiscal Affairs Department told that ... Read More »

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