Tax concessions will accelerate both spending and savings: Economists

Tax concessions will accelerate both spending and savings: Economists

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Tax concessions will accelerate both spending and savings: Economists

Kolkata, Feb 1 (IANS) Union Finance Minister Nirmala Sitharaman’s proposal to raise the minimum tax slab to Rs 12 lakh from Rs 7 lakh in the new regime in addition to Rs 75,000 of the standard deduction for salaried taxpayers will boost both expenditure and savings among the middle-class section of the Indian population, feel … Read more