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 ...
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 ...
I now have a broad sense of how much money I'll save because of Finance Minister Nirmala Sitharaman’s income tax ... consumption. Five years ago, when I shopped at a grocery store, I didn’t ...
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“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 ...
By Nitya Chakraborty The present euphoria among the BJP-led government ministers after the presentation of the 2025-26 budget ...
They were down spending on consumption ... one would say they would cut taxes and all that. But this was a very big move, I would say. That's straight up to 12 lakhs per annum, if you will; there is ...
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 4.8 per cent it expects in FY25. "The Budget assumptions ...
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 ...
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