The recent budget has shifted focus to consumption, increasing disposable income and benefiting middle-class households with ...

“For instance, making an effective tax free income of Rs.12.75 lakh is quite effective as it increases consumption due to ... oriented look towards broad based economic development, expansion ...

The most cheered announcement across the budget speech was the one to slash income taxes for low earners to spur consumption.

The sops come at a time when the country is exhibiting slowdown in demand trends across urban and rural markets ...

Hence, only half of the revenues foregone by the government by the revision will boost consumption. The income tax rebate under the new tax regime has been raised to Rs 12 lakh per annum from Rs 7 ...

Stocks from consumption-based sectors gained traction following income tax cuts for the middle class, boosting market ...

The old tax regime, which remains unchanged in the 2025 Budget, allows taxpayers to claim various exemptions such as House Rent Allowance (HRA), deductions under Section 80C (like for life insurance ...

India’s growth may hit a four-year low as weak manufacturing, food inflation, and sluggish urban demand weigh on the economy, ...

Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable ...

Finance Minister Nirmala Sitharaman has announced that under the new income tax regime, nil tax slab has been raised from ₹7 ...