Prime Minister Narendra Modi's announcement of ‘next-generation’ reforms for the goods and services tax (GST) is welcome.

Markets saw a significant surge, with the BSE Sensex closing up 0.8 per cent and the NSE Nifty 50 up 1 per cent ...

Markets welcomed the news of proposed tax cuts set to bolster domestic consumption in India, which faces the prospect of steep U.S. tariffs.