Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...
The capital goods sector has declined for six of the last seven months due to high valuations. The 2025 Union Budget shifts ...
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 ...
Indias main exports to America are IT Services and Pharma. I have never heard any American politician say that they want ...
India’s latest budget under Prime Minister Narendra Modi’s government takes a strategic turn toward boosting consumption at a ...
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 ...
This raises several points. First, the tax forgone will end up as income in the hands of people. And this income is likely to be spent, lifting consumption to some extent and helping companies ...
Shares of wine, beer, and liquor companies have been hit hard as consumers cut back on alcohol consumption. But some are ...
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 ...
At the press conference after the monetary policy announcement, a clearly worried RBI governor said that the pervasive uncertainty in global trade and economic policies is weighing weigh on ...
Minister of State in the Ministry of Agriculture, Fisheries and Mining, Hon. Franklin Witter, is assuring egg farmers that ...