This comes as a relief for industries like FMCG, consumer durables, electronics and passenger vehicles, which have faced some stress in recent years ...
The large cuts in income-tax is an acceptance from the government that its corporate tax cut of 2019 has not worked. Had the sequencing been reversed — IT cut first, corporate tax cut later — the ...
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and ...