https://www.taxtmi.com/news?id=32463 The budget advances a framework of fiscal consolidation by targeting a lower fiscal deficit and higher gross tax receipts through enhanced GST compliance and direct tax collections to reduce borrowings and sustain macroeconomic stability while preserving space for public investment. It further directs targeted measures for state-led development in tourism and infrastructure, and expands an income tax rebate to increase disposable incomes and stimulate consumption and local economic activity. en-us Sat, 01 Feb 2025 17:31:03 +0530 Sat, 01 Feb 2025 17:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32463 The budget advances a framework of fiscal consolidation by targeting a lower fiscal deficit and higher gross tax receipts through enhanced GST compliance and direct tax collections to reduce borrowings and sustain macroeconomic stability while preserving space for public investment. It further directs targeted measures for state-led development in tourism and infrastructure, and expands an income tax rebate to increase disposable incomes and stimulate consumption and local economic activity. News - Sat, 01 Feb 2025 17:31:03 +0530 https://www.taxtmi.com/news?id=32463