Budget should announce tax cuts for individuals to boost consumption: Barclays

January 23, 2025 admin

Image used for representative purpose only | Photo Credit: Shiv Kumar Pushpakar The government in FY26 Budget should announce an “effective” personal income tax cut to support consumption and demand, Barclays said on Thursday (January 23, 2025). In its FY25-26 Union Budget preview, Barclays said the key ask from the Budget, to be presented on…

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Majority of individual taxpayers seek income tax cut in FY26 Budget: Grant Thornton Bharat survey

January 22, 2025 admin

Union Finance minister Nirmala Sitharaman | Photo Credit: Murali Kumar K As many as 57% of individual taxpayers want taxes to be lowered in the upcoming Budget, Grant Thornton Bharat’s pre-budget survey said on Wednesday (January 22, 2025). The survey said although 72% of individual taxpayers have opted for a new income tax regime, a…

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