Highlights: The budget's emphasis on consumption-oriented measures, coupled with a relatively modest increase in capital ...

Reacting to the Finance Minister’s move to exempt annual incomes up to Rs 12 lakh from income tax under the new regime, ...

In a huge relief to the middle class and taxpayers, FM today announced there will be no income tax payable on income up to ₹12 lakh under new tax regime ...

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 ...

The Centre’s move to revise the tax slabs is expected to stimulate middle class spending and revitalise urban demand boosting India’s consumption story, believe consumer goods companies.

At the heart of the plan is a substantial increase in the Value-Added Tax (VAT) rate, a move that has drawn criticism from ...

New Delhi, Feb 1 (PTI) The proposed income tax relief for the middle class and increased investments for rural development will help to drive consumption and propel growth of the premium product ...

Sameer Gupta, National Tax Leader, EY India, commended the budget's focus on economic progress. "The enhanced tax rebates will ensure more disposable income, stimulating consumption and fueling ...

(Photo: Reuters) The income tax cut announced in the Union Budget 2025-26 can boost consumption by up to 10 per cent which could lift India’s GDP growth by 8 per cent, according to Krishnamurthy V ...