Major reforms in GST, Income Tax signal new era for India

In 2025, India implemented major reforms including GST 2.0, a new Income Tax Act, and labour employment, and energy sector overhauls. Combined with monetary easing, FDI boosts and regulatory modernisation, these measures aim to simplify compliance, enhance growth and strengthen the economy, while sovereign rating upgrades reflect rising confidence in India's macroeconomic trajectory ahead of 2026.