The government is banking on tax cuts to boost consumption. What if it doesn’t pan out?
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 Economic Times on MSN2 天
From capex to consumption: A strategic shift in market sentiment
The capital goods sector has declined for six of the last seven months due to high valuations. The 2025 Union Budget shifts ...
Budget 2025 tax cuts could trigger consumption multiplier and lead to 8% GDP growth rate ...
KV Subramanian, IMF Executive Director, highlights that the finance minister's tax cuts will put Rs 1 lakh crore into the ...
Budget 2025: Boosting consumption for stimulating growth
Consumption expenditure is the the most important component of demand. The Budget must introduce favourable measures to boost ...
Deccan Chronicle2 天
Only Half of Foregone Income Tax Revenues Will Boost 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 ...
Kiplinger27 天
House GOP Bill Aims to Abolish the IRS and Rewrite the Tax Code
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 ...
Mint26 天
How can India’s consumption growth be revived?
combined with net indirect taxes (indirect taxes minus government subsidies), now exceed 20% of private consumption spending, the highest level on record. However, the design of any tax relief ...
Firstpost8 天
Budget 2025: Income Tax cut can boost consumption by 10%, take GDP growth to up to 8%, says ...
(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 ...
news24online8 天
Union Budget 2025 Explained: How Will Income Tax Relief Supercharge Consumption, Economic ...
In an attempt to increase consumption, Finance Minister Nirmala Sitharaman has boldly decided to raise the level of income exempted from Income Tax. With disposable money in the pockets of the middle ...
www.hks.harvard.edu25 天
Do Consumption Taxes Reduce Inequality in Developing Countries? CID Faculty Research Insights
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 ...
Best Media8 天
Big boost for consumption: Nil tax on income up to Rs 12 lakh
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 ...
INDIA BUDGET-India's tax cut plans will boost consumption, top execs say
India's plans to cut personal income tax rates will put more disposable income in the hands of the people and eventually ...