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Budget initiatives will increase disposable income, boost spending: Retail industry

By Economic Times - 4 months ago
Budget proposals including duty cuts, personal income tax exemptions, and higher standard deductions aim to boost consumption and the economy. MSMEs and women receive finance and infrastructure support. Festive seasons benefit from gold duty cuts. Textile industry gains from imports and foreign investments. EPFO incentives create 50 lakh youth jobs, increasing women's workforce participation.

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