India strengthened its trade footprint through multiple agreements, including the India–UK CETA, India–Oman CEPA, and FTAs with New Zealand and the European Free Trade Association (EFTA) (AI Generated Image)
Economy
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Moneycontrol25-12-2025, 15:56

India's 2025 Reform Blitz: Taxes, Jobs, Laws Transformed

  • 2025 marked India's biggest reform year under PM Modi, with sweeping policy changes across taxation, labour, trade, and regulation.
  • Key reforms included a two-slab GST system, income tax exemption up to Rs12 lakh, and replacement of the 1961 Income-tax Act.
  • Labour Codes consolidated 29 laws, enhancing worker protection; MSME thresholds raised, and 100% FDI allowed in insurance.
  • Significant legal overhauls: Bharatiya Nyaya Sanhita replaced IPC 1860, SHANTI Bill for nuclear sector, and Jan Vishwas decriminalized offenses.
  • India's GDP grew 8.2%, supported by new trade agreements and enhanced rural employment guarantees (Viksit Bharat–G RAM G Bill).

Why It Matters: 2025 was a landmark year for India, witnessing comprehensive reforms driving economic growth and modernizing governance.

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