The government expects that increased consumption resulting from lower income tax burdens will boost GST collections.

Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...

Budget 2025 provided tax relief for taxpayers, but the government also maintained its fiscal deficit target at 4.4% of GDP.

Shanghai will make continued efforts this year to further improve the consumption environment, come up with more supply-side ...

Many U.S. adults believe the federal government is overspending. But polling also shows many Americans, including Republicans ...

Nuvama analyzes the Union Budget 2025-26, emphasising fiscal balance and consumption boost amidst economic slowdown. Read ...

After tax breaks for corporates failed to boost the economy, Finance Minister Nirmala Sitharaman placed a big bet on the ...

DOGE is Elon Musk's ambitious effort to reform the federal government. Here's how the Department of Government Efficiency is ...

Budget 2025 focusses on providing relief to the middle class, while keeping its eye on development. Will it spur demand?

India’s small and mid-cap stocks are likely to decline for the first time in three years in 2025 as the government scales ...

The IS curve shifts when external factors influence aggregate demand. An increase in government spending or consumer ...