Talk of the town: Buy, bye slowdown?

Quick Summary:

High inflation has hurt the middle-class spending power, but income tax relief and support for the rural economy in the budget aim to boost their financial resilience.

The proposed tax relief measures are expected to increase disposable incomes and encourage spending, positively impacting urban consumption and sales volumes.

This should positively impact urban consumption," he said, adding that the employment and manufacturing push being attempted through Make-in-India reforms, MSME support and agriculture reforms will also benefit consumption.

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Article Details

Author / Journalist: Team TOI

Category: EconomyBusiness

Markets: India

Topics: Income tax relief Budget measures impact FMCG market growth Middle class spending Business news Inflation and consumer behavior

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-02 @ 04:27:28 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 676 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 25701344

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 76 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 1 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #28

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