India raised the income tax ... based consumption growth. A critical factor behind this downturn is the debt burden carried by many urban households. During the post-pandemic recovery, consumers ...

Income tax relief provided for in the Union Budget coupled with RBI repo rate cut put together will boost recovery in ...

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 ...

Finance Minister Nirmala Sitharaman on February 8 said that the central bank's decision to cut the repo rate as well as the income tax rebate ... of a possible recovery in consumption and as ...

The new structure will substantially reduce the taxes of the middle class and leave more money in their hands, boosting household consumption, savings and investment." Changes included pushing ...

Retailers Association of Massachusetts President Jon Hurst said his organization is “concerned” about consumption and consumer taxes. “You can put a new tax or raise a tax on consumers here ...

MILLIONS of workers could save thousands of pounds by making a simple tax check ahead of April. Anyone employed or paid via PAYE is given a tax code by their employer via HMRC and it is shown on ...

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist ...

Since the poor have a high propensity to consume, the regressive taxes reduce their level of consumption. As they make up most of the population, it reduces the overall consumption and hence the ...

Tax season can be complicated ... which doesn't require any setup fees and can be arranged through a simple phone call or online request. This short-term payment plan is available for taxpayers ...

This will be in March 2026, assuming you renew in March 2025." He added: "It is simple to do, and you can re-tax it at any time on the Government website, using your registration number and the ...