https://www.taxtmi.com/news?id=35479 Allegations that recent fiscal measures prioritise wealth accumulation for a narrow elite and worsen economic inequality, as most households lack additional disposable income. Wage stagnation, negative rural wage trends, persistent inflation and falling household savings are said to compress domestic consumption and increase household indebtedness. The critique further highlights external trade frictions and pressing youth unemployment, arguing that budget measures fail to stimulate broad-based demand or equitable income distribution and instead concentrate gains among a limited group of wealth holders. en-us Thu, 27 Feb 2025 15:01:03 +0530 Thu, 27 Feb 2025 15:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=35479 Allegations that recent fiscal measures prioritise wealth accumulation for a narrow elite and worsen economic inequality, as most households lack additional disposable income. Wage stagnation, negative rural wage trends, persistent inflation and falling household savings are said to compress domestic consumption and increase household indebtedness. The critique further highlights external trade frictions and pressing youth unemployment, arguing that budget measures fail to stimulate broad-based demand or equitable income distribution and instead concentrate gains among a limited group of wealth holders. News - Thu, 27 Feb 2025 15:01:03 +0530 https://www.taxtmi.com/news?id=35479