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India considers cutting personal income tax to lift consumption, sources say
India is considering cutting income tax for individuals making up to 1.5 million rupees ($17,590) a year in February's budget to provide relief to the middle class and boost consumption as the economy slows,
Govt considers cutting income tax to boost consumption: Report
According to the report, the government has not decided on the size of any cuts. The decision would be taken closer to February 1.
Budget 2025: Govt may cut income tax rates to lift consumption, says report
The move could benefit tens of millions of taxpayers, especially city dwellers burdened by high living costs, if they opt for a 2020 tax system that strips exemptions like housing rentals
Reuters on MSN
2h
India sets six-month import cap on key steelmaking ingredient met coke
Dec 26 (Reuters) -
India
will impose restrictions on the import of low-ash metallurgical coke, a key steelmaking ingredient ...
4h
on MSN
India grateful for Bumrah again after lopsided selection
Opting for increased batting insurance is placing a greater workload on India's MVP - and Jasprit Bumrah is still delivering ...
41m
A 7-Point Explainer On How China's Largest Dam Might Impact India
The project may exacerbate geopolitical tensions between India and China, sowing the seeds of"water wars" between the two ...
14h
Teenage Australia opener, India veteran Kohli spar on opening morning of 4th cricket test
Australia’s rivalry with India turned physical as Virat Kohli collided with 19-year-old Australia batter Sam Konstas on the ...
Crude Oil Prices
3h
India Adds 4GW of New Coal Power Capacity in 2024
India added 4GW of new coal-fired power capacity in 2024, highlighting the country's continued reliance on coal despite ...
2h
on MSN
'Since I went hard at FM...': India has lower GST on food compared to Australia, author's post sparks heated debate
The author's post comes days after Finance Minister Nirmala Sitharaman faced criticism over 18% GST on caramelised popcorn.
5h
on MSN
Cricket-India's Kohli fined for shoulder bump with Konstas
India's Virat Kohli has been fined 20% of his match fees following a clash of shoulders with debutant Australia opener Sam ...
7h
on MSN
Konstas shines on Australia debut but India rally
Australia Test debutant Sam Konstas hits a pulsating half-century on a thrilling opening day of the fourth Test against India ...
1h
Mufasa: The Lion King Week One India Box Office: SRK and Mahesh Babu voiced film emerges a hit with Rs 61.75 crore in 7 days
Mufasa: The Lion King should be looking to enter the Rs 100 crore club by January 1, and then settle at a lifetime collection ...
2h
BS EDIT: Targeted export strategy: Key to India’s trade revival
India needs systemic trade reforms over target-setting to boost competitiveness, efficiency, and long-term export-driven ...
India Today on MSN
1h
Return ASAP: US universities rush students, including from India, amid Trump scare
US universities are asking international students, including those from India, to cut short their winter breaks and return as ...
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