Chennai, Sept. 4 -- Hinduja Group today said the GST rate cuts announced acrossthe board augurs well for Indian economy and the impactful reform would light up thefestive season ahead.
This was a much-needed consumption booster to cushion the global economic headwindsresulting from the lopsided tariff regimes being pushed by the US and would have a cascadingpositive effect on several adjacent sectors both upstream and downstream.
Reacting to the GST rate rationalisation announced by Ms Nirmala Sitharaman, HindujaGroup of Companies (India) Chairman Ashok P Hinduja, in a statement here said "Mycompliments to PM Modi ji and FM Nirmala ji for announcing the most impactful reformto light up the festive season ahead.""The GST Rate cuts announce...