https://www.taxtmi.com/news?id=32234 Expectation of a revision in income tax rates to relieve lower and middle income taxpayers while maintaining fiscal consolidation; targeted tax rationalisation and limited fiscal transfers are to boost consumption. Supply side measures include tariff rationalisation, customs duty adjustments, expansion of production linked incentives, and export compliance simplification to enhance competitiveness. Increased capital expenditure on infrastructure and manufacturing, together with spending on skilling, job creation, and agricultural value chain investments, is intended to stimulate demand and employment while limiting inflationary pressures. en-us Fri, 31 Jan 2025 21:01:04 +0530 Fri, 31 Jan 2025 21:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32234 Expectation of a revision in income tax rates to relieve lower and middle income taxpayers while maintaining fiscal consolidation; targeted tax rationalisation and limited fiscal transfers are to boost consumption. Supply side measures include tariff rationalisation, customs duty adjustments, expansion of production linked incentives, and export compliance simplification to enhance competitiveness. Increased capital expenditure on infrastructure and manufacturing, together with spending on skilling, job creation, and agricultural value chain investments, is intended to stimulate demand and employment while limiting inflationary pressures. News - Fri, 31 Jan 2025 21:01:04 +0530 https://www.taxtmi.com/news?id=32234