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

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

The allocation for capex in Budget 2025-26 is ₹11.21 lakh crore, just 0.9% higher than the Budget 2024-25 capex of ₹11.11 ...

“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 ...

Consumption is crucial for the economy amid uncertain exports and low corporate investments. The finance minister introduced significant income-tax cuts while maintaining fiscal consolidation.

There is a compelling case for this move: tax relief announced in the budget in July last year offered minimal benefits to low ... 2024-25. Cutting income tax rates to address slowing consumption ...

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 ...

The government says it is banking on netting in more revenues in the 2025-2026 financial year after a cabinet meeting approved new tax policy reforms, in a bid to expand the country's tax base and ...

The government increased the tax exemption limit to Rs 12 lakh and revised rates lower under the New Tax regime in the Budget ...

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