Despite income tax cuts, India on track for fiscal consolidation: S&P Global Ratings
India remains on track with its fiscal consolidation efforts despite recent income tax cuts. S&P Global Ratings projects the country to meet its deficit targets, supported by strong consumer spending and public investments,
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.
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’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 economic growth.
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,
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