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 ...

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 ...

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 consumption sector has seen a strong post-budget surge, with indices like Nifty FMCG and Nifty Consumption rising by nearly 5%. The sudden interest towards cons has come due to the tax relief to ...

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 ...

“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 ...

FMCG companies anticipate a boost in consumption growth due to tax reliefs and increased rural investments from the FY26 Budget. Finance Minister Nirmala Sitharaman's measures are expected to ...

Composition of Tax Revenue Turning to the composition of tax revenue, we find ourselves in an area of conflicting theories. The issues involve the taxation of income relative to that of consumption ...

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The RBI, finally uncaged the interest rate tool to take down the consumption slowdown monster. On Friday, Governor Sanjay Malhotra in his very first monetary policy review leaped to the finish ...

New Delhi, Feb 4 (IANS): Fiscal consolidation glide path is maintained with the Union Budget and tax cuts should spur discretionary consumption especially among the salaried class, a report showed on ...

Fiscal consolidation glide path is maintained with the Union Budget and tax cuts should spur discretionary consumption especially among the salaried class, a report showed on Tuesday. While ...