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India's tax cut plans will spur 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 boost consumption in the world's fifth-largest economy, top executives said on Saturday.
Tax Cut to Boost Growth: India's Budget Aims for 10.1% GDP
India's Finance Minister announced income tax cuts for the middle class, aiming to stimulate demand and propel growth in the next fiscal year.
Budget 2025: Tax cuts to fire up middle-class spending, revitalise urban consumption
India’s growth may hit a four-year low as weak manufacturing, food inflation, and sluggish urban demand weigh on the economy, with FY26 GDP projected at 6.3 to 6.8 per cent.
INDIA BUDGET India cuts income tax in a bid to boost consumption
India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, which is projected to grow at its slowest pace in four years.
Tax cut to increase consumption
Consumer-facing businesses — ranging from everyday consumables to big-ticket items like automobiles — are optimistic that the government’s decision to cut personal income tax will lead to higher disposable income,
3h
on MSN
'India is now effectively tax-free': Shaadi.com's founder and Shark Tank judge Anupam Mittal explains why
Anupam Mittal claims India is almost tax-free after significant income tax cuts in the latest budget. Finance Minister ...
1d
Who Gains, Who Loses as India Doles Out $12 Billion in Tax Sops
India cut taxes for the country’s middle class, putting about $12 billion more in their pockets as the Narendra Modi-led ...
3h
Budget big picture: Context of historic tax cut, what impact it may have on the economy
The large cuts in income tax is an acceptance from the government that its corporate tax cut of 2019 has not worked. Had the ...
6h
After FM Nirmala Sitharaman’s income tax relief in Budget 2025, will RBI also cheer the middle class with a rate cut?
The RBI is expected to cut the repo rate by 25bps in February, easing borrowing costs for the middle class. Analysts predict ...
3h
Amid Trump Tariff Threats, India Cuts Import Duty On American Bikes, Cars In Boost To Harley And Tesla
India has significantly slashed customs duties on high-end motorcycles, cars and smartphone parts, a move that seems to give a boost to American companies like Harley-Davidson, Tesla and Apple.
devdiscourse
6h
India's Budget 2024: A Balancing Act Amidst Economic Challenges
Prime Minister Narendra Modi's first full budget of his third term focused on middle-class tax cuts rather than sweeping ...
1d
on MSN
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 ...
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