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Analysis Shows New Tax Policy Boosts Small Business Growth in Rural India
Summary
A recent government report reveals that the 2025 tax reforms aimed at small and micro enterprises have increased rural business registrations by 18% in the last year. The policy re
A recent government report reveals that the 2025 tax reforms aimed at small and micro enterprises have increased rural business registrations by 18% in the last year. The policy reduced compliance burdens and introduced tax incentives for startups outside urban centers. According to Bloomberg, this has led to a 12% rise in employment in rural areas and higher access to formal credit. Economists say the policy is helping integrate informal businesses into the formal economy, enhancing transparency and growth potential. The government plans to expand these reforms nationwide to sustain momentum.
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