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 ...

Consumption is crucial for the economy amid uncertain exports and low corporate investments. The finance minister introduced significant income-tax cuts while maintaining fiscal consolidation.

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 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 ...

Going by past trends, this suggests the total GST ... That would have had a higher multiplier effect on consumption than income tax sops. It would have also cooled down inflation, and reduced ...

The recent budget has shifted focus to consumption, increasing disposable income and benefiting middle-class households with ...

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 ...

M&E sector growth depends on the Government reforms that improve disposable income, government spending and empowerment of ...

U.S. power demand is projected to grow 47% by 2040; we believe natural gas will continue to maintain its position as the ...

It noted that tax measures will bolster middle-class spending power and consumption. Fitch Ratings said the Budget would be broadly neutral for growth and continued to project real GDP expansion of ...

Both these decisions together will complement each other and help boost consumption in the economy, a government official said. While the cut in income tax is expected to put more cash in the ...

In conversation with Zee Business Managing Editor Anil Singhvi, Helios Capital Founder and Fund Manager Sameer Arora says that the decision to make income up to Rs 12 lakh in a financial year tax-free ...