While India seeks to counter global headwinds and uncertainties that can mar its economic growth, it should ensure the boost ...

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

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 ...

Finance Minister Nirmala Sitharaman has managed to meet the goals of boosting consumption through tax cuts, increasing capex ...

The Union Budget 2025-26 offers tax relief for India's middle class, signalling a potential consumption revival. However, ...

Both these decisions together will complement each other and help boost consumption in the economy, a government official said. While the cut in income tax is expected ... month low of 5.22 ...

The rate cut effected by RBI's MPC, along with Centre's income tax relief measures announced in the Union Budget will boost consumption in the coming fiscal, according to economists. The central ...

and equity (whether the tax is fair to everybody) are central to the analysis. The conventional belief that taxing income entails a higher welfare (efficiency) cost than taxing consumption is based in ...

The Union Budget for 2025-26 presented by Finance Minister Nirmala Sitharaman has  been a strategic masterstroke aimed at revitalizing India’s economy. The first step in this  direction is the ...

While reaffirming its commitment to fiscal consolidation, the government has tried to stimulate consumption through tax cuts. It targets to lower the fiscal deficit to 4.4 per cent in FY26 from the ...

India's Union Budget 2025-26 introduces several revisions to taxation policies, besides provisions for focus industries and ...