Highlights of Business Today 12th October 2025 issue:

Business Today’s latest issue dissects one of the most significant economic moves of the year—the rationalisation of GST rates. Positioned as the government’s third major tax reform in recent years, this decision is not just about reducing levies but about testing whether lower prices can ignite consumption and, in turn, accelerate investment and growth.

 The cover story delves into the broader implications of this bold bet: will households loosen their purse strings, or will the benefits of lower indirect taxes be muted by entrenched saving behaviour? With perspectives from policymakers, economists, and industry leaders, unpack the economic risks, fiscal trade-offs, and political calculations underlying this move.

 From evaluating the limited success of earlier corporate and personal income tax cuts to exploring how GST reforms may reshape household demand and corporate strategies, this edition examines whether the government’s gamble can create a virtuous cycle of spending and investment or if it risks constraining fiscal flexibility in the long run.

 All this and more in the new issue of Business Today Magazine. Out on stands now!