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New Tax Reform Policy Shows 12% GDP Growth Boost in First Quarter Analysis

Summary

A government-commissioned study released today reveals that the recent tax reform policy has contributed to a 12% increase in GDP growth during the first quarter of 2026. The refor

A government-commissioned study released today reveals that the recent tax reform policy has contributed to a 12% increase in GDP growth during the first quarter of 2026. The reforms, which simplified corporate tax structures and enhanced compliance mechanisms, have reportedly spurred investment and formal sector expansion. The Economic Policy Institute’s analysis highlights improved business confidence and a 15% rise in new company registrations post-implementation. Officials stated that the policy’s impact on employment and export growth is expected to strengthen in the coming months. This data provides early evidence of the policy’s effectiveness, according to PTI.
19h agoVerified by Vishvendra
New Tax Reform Policy Shows 12% GDP Growth Boost in First Quarter Analysis

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