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.

The Republican-controlled U.S. House of Representatives and Senate could spell disaster for the future of the IRS. A week before Inauguration Day, a dozen GOP lawmakers introduced the Fair Tax Act ...

How equitable are consumption taxes in developing countries? How might stronger consideration of the informal sector enhance tax equity and revenue collection? A recent study by CID faculty affiliate ...

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 ...

In an attempt to bring fiscal discipline and consolidation, the government has to cut the debt-GDP ratio by half by 2031. It ...

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

Finance Minister Nirmala Sitharaman tabled the Union Budget 2025–26 in Parliament on Saturday, the first full budget under Prime Minister Narendra Modi's third term. The most cheered announcement ...

New Delhi: The government of India’s decision to remove personal income tax for individuals earning up to Rs 12 lakh annually will boost consumption. Individuals earning up to Rs 12 lakh ...

According to the CDC, frequent consumption of sugary drinks is linked to adverse health outcomes that include obesity, type 2 ...