The government is trying to boost domestic demand among its vast middle class as food inflation dents disposable income.
Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...
A head of India’s budget on February 1st, Narendra Modi asked Lakshmi, the Hindu goddess of wealth, to bless the poor and the ...
The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...
Ashishkumar Chauhan of NSE praises the Budget, highlighting its tax relief for the middle class, increase in capital ...
NEW DELHI -- India will cut personal income tax rates to spur middle-class spending and accelerate growth in the world's fifth-biggest economy, Finance Minister Nirmala Sitharaman said Saturday as ...
Indian Prime Minister Narendra Modi’s government has unveiled an annual budget focused on appealing to the country’s middle class and spurring economic growth by boosting agriculture and ...
India plans to cut personal income tax rates to boost middle-class spending power ... sought to increase private investment to strengthen growth. The world’s fifth-largest economy is expected ...