GST cuts, festive demand to lift India’s industrial growth in coming months: report - A2Z Taxcorp LLP

India’s industrial activity is expected to pick up over the next three months as recent GST rate cuts boost demand and spur output, Bank of Baroda said in a report on Wednesday. The announcement of GST reforms, combined with the ongoing festive season, is expected to boost consumption demand in the near term. This is likely to offset the prevailing uncertainty surrounding trade negotiations, the r…