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Union Budget: India mulls income tax cuts in Budget as part of $6 billion consumer boost

By Economic Times - 5 months ago
India Budget Tax Expectations: India's government under Prime Minister Narendra Modi is considering measures worth over 500 billion rupees to boost consumption in the upcoming budget. This includes tax cuts for lower income individuals for the first time in seven years. The plan aims to target consumers with high propensity to spend amidst economic challenges.

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