In this weekly Plain Facts compilation, we present to you data-based insights, with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by.
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Finance minister Sitharaman emphasized a major reform of India's customs duty structure and projected a 7% economic growth this fiscal year. The minister talks about rupee, consumtion and more
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Speaking at HTLS 2025, Finance Minister Nirmala Sitharaman discussed the Indian rupee's performance against the dollar, emphasising the need to focus on current economic fundamentals. Despite the rupee's decline, she remains optimistic about India's growth trajectory.
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Sitharaman said the proposed reforms would be similar to the reforms and simplification in the Income Tax Act
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The government plans to implement capacity-based taxation on pan masala variants to combat tax evasion. The Health Security se National Security Cess Bill 2025 was approved, allowing quick inclusion of similar products, with proceeds aimed at funding public health and national defense initiatives.
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RBI Policy: A Mint poll of 13 economists showed that nine expected a pause in the repo rate, while four had anticipated a 25-basis point cut to 5.25%.
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Self-employed or informal income? Learn how to secure a personal loan by leveraging alternative income documents (ITR, GST, bank statements) and maintaining an excellent credit score above 750.
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The finance minister said India’s inflation management and economic resilience were acknowledged by the IMF, and called recent debate over data quality “ill-informed”.
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The Government clarified how it ensures that consumers receive the full benefits of GST rate reductions across goods and services. Following the rationalisation of GST rates in the 56th GST Council meeting on 3 September 2025, the CBIC began monitoring prices of key commodities, including packaged foods and medicines, to verify that companies and traders passed on the reduced tax burden to consumers.
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India has recorded GDP growth that makes Viksit Bharat status look reachable, but a closer look reveals that capital deepening has weakened while productivity has been stagnant. This presents a challenge for policymakers who must work out how to push up the economy’s growth trajectory.
India is at the threshold of one of the most promising economic decades in its modern history, yet the hard arithmetic underlying growth reflects a more fragile situation than our headline GDP figures suggest.