The government expects that increased consumption resulting from lower income tax burdens will boost GST collections.
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India Today on MSNConsumption vs capex: Has the government prioritised spending over growth?Budget 2025 provided tax relief for taxpayers, but the government also maintained its fiscal deficit target at 4.4% of GDP.
The government can boost consumption in the ... the Household Consumer Expenditure Survey for 2022-23 estimated a monthly consumption expenditure (not income) in nominal terms at ₹3,773 a ...
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