Finance Minister says that India Table Table 2025: India is concerned about the slowdown in global growth, but must be prepared.

The United States Finance and Revenue Minister, Tuhn Kanta Bandy, said on Tuesday, while India is still concerned about the threat of global growth and trade from the high tariffs proposed by the American administration, finance and revenue.

Basically, what causes anxiety is the threat of global growth and trade. “Every country is affected and influenced as well. He was answering a question about whether consumption in the rupee against the US dollar was anxious,” said Bandy in India today.

“We are concerned about the fact that protectionism will lead to a slowdown in global growth and trade, but we have to be ready for the situation,” he stressed.

However, Bandy said that India will be in a position to protect its national interest and not enter into any protectionist situation. In reference to the rationalization of customs duties in the Federation’s budget 2025-26, he said that of about 8,000 tariff lines, about 6000 definition lines are less than 10 %. “The average tariff rate is 10.6 % near ASEAN. We understand that we have consumers and an economic competitiveness for industry to monitor it.”

When clarifying the budget, Bandy said it is not automatic and the goal of the financial deficit of 4.4 % for the 26th year is “within our group.” He also stressed that capitalist spending is still “at a very high level”, noting that effective capital expenditures in the fiscal year 26 of the expected amount of 15.48 rupees, which is more than 17 % of the fiscal year 25. CPSES will also invest about 4.5 rupees. Coeise in capital spending on its own while the states will also invest in Capex from its own resources.

He said: “We only look at the number one, which is the direct deep”, refuting that the center did not significantly enhance the CAPEX in the Federation’s budget 2025-26, and 11.21 cobs in the fiscal year 26, which is 10 % of the revised estimate of 10.18 crimes Ruby in the fiscal year 25.

He said that mitigating the income tax on the federation’s budget will have a double effect on savings and consumption, as well as relief to the middle class, the effort is also to pay the spirit of initiative to the private sector.

We want the private sector to invest more. We want the animal’s spirit to be renewed. “There will be an additional request for investors from the private sector to start investment,” he stressed.

Al-Ittihad budget 2025-26 suggested that there would be no zero tax on the annual income up to 12 cobs, along with a large group of income tax panels under the new income tax system.

Bandy also expressed his hope that the Commodity and Services Tax Board will advance the commodity and services tax rates forward. “There is a realization and scope of rationalization to move forward. Therefore, a balanced view must be taken. He said,” The commodity and services tax council has stopped the matter and will carry it forward. “

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