India's tax cut plans will spur consumption, top execs say

India Tax Cuts to Lift Saving, Consumption, Says Kotak Executive
The extra cash in the hands of people following the tax tweaks in India’s budget will have a “multiplier effect on the economy” and boost consumption, savings and investments according to Shanti Ekambaram,
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.
Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday that focused on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and manufacturing.
India Delivers $12 Billion in Tax Cuts to Spur Economic Growth
India’s finance minister gave middle class consumers 1 trillion rupees ($11.5 billion) in tax relief in her budget Saturday, seeking to shore up a slowing economy as global risks worsen.
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 shield India from global headwinds, boost pvt investment, says CEA
V Anantha Nageswaran said that data shows that private sector has been investing, but maybe not at the pace one would like to see
India’s 2025-26 Budget focuses on job creation; new income tax bill next week
Dubai: India is hoping to rev up higher growth and job creation with a budget that focuses on offering easier – and more - access to funds for small and mid-sized businesses as well as startups. These will ‘generate employment for youth’ as MSMEs get better access to credit,
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 boost consumption in the world's fifth-largest economy, executives from automobile and consumer firms said on Saturday.
India’s new tax breaks for middle income earners a bid to boost growth
Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday focused on spurring ...
After Budget rejig, India’s entry level tax rates lower than other major economies: MC Analysis
In her eighth budget, the finance minister raised the tax exemption limit to Rs 12 lakh a year from Rs 7 lakh and also ...
devdiscourse2h
Fiscal Illusions: The Reality Behind India's Middle-Class Tax Cut
Former MP M V Rajeev Gowda criticizes the government's 'middle-class tax cut' as a diversion from India's declining growth rate. He argues that the tax benefits only a small elite, while most Indians ...
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 ...
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 ...
devdiscourse1d
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 ...
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 ...