The beauty of tax-linked savings lies in their dual benefit structure. The immediate gratification of tax savings serves as ...

India’s latest budget under Prime Minister Narendra Modi’s government takes a strategic turn toward boosting consumption at a ...

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 ...

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.

Taxation reforms is a key feature of this budget, as it has an impact on what the rest of the economy does and for the first ...

India's economic future hinges on a delicate balance: igniting consumption-led growth while maintaining fiscal discipline.

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 ...

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 ...

When a larger share of the income pie goes to labour – rather than capital -- consumption will get a sustained boost, and ...

This is extremely important for us to gauge the impact of the finance minister’s income tax bonanza on overall consumption. For starters, Sitharaman has said the tax cuts will cost the ...

Also, while just 32 million taxpayers are the beneficiaries of the I-T concessions, reduction in GST rates is bound to impact almost the entire population. It would also help keep inflation in check ...

“The urban middle class was surely under financial stress for several reasons. They were down spending on consumption; premium brands were not getting picked up,” he said. The Adani Wilmar CEO ...