A 25 bps rate cut alone is unlikely to significantly reduce EMIs—translating to mere hundreds of rupees in savings for most ...

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 ...

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

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 ...

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 ...

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 ...

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 ...

“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 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 ...

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 ...