https://www.taxtmi.com/news?id=29739 Downward revision of GDP growth and weakening indicators-slower private consumption, falling private investment, underspent public capex, reduced household savings and rising liabilities-are described as causing an investment chill. Recommended policy responses include targeted income support for poor households, higher MGNREGA wages, increased MSPs, accelerated public capital expenditure delivery, and drastic simplification of the GST regime alongside income tax relief for the middle class to restore consumption and investment. en-us Wed, 08 Jan 2025 13:46:04 +0530 Wed, 08 Jan 2025 13:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=29739 Downward revision of GDP growth and weakening indicators-slower private consumption, falling private investment, underspent public capex, reduced household savings and rising liabilities-are described as causing an investment chill. Recommended policy responses include targeted income support for poor households, higher MGNREGA wages, increased MSPs, accelerated public capital expenditure delivery, and drastic simplification of the GST regime alongside income tax relief for the middle class to restore consumption and investment. News - Wed, 08 Jan 2025 13:46:04 +0530 https://www.taxtmi.com/news?id=29739