Can Budget 2024 revive consumer spending and retail footfall?
1 year ago

Can Budget 2024 revive consumer spending and retail footfall?

Live Mint  

Finance Minister Nirmala Sitharaman is set to present Narendra Modi's government interim budget on 1 February 2024, just months before the 2024 Lok Sabha elections. Will the budget offer tax breaks and incentives to revive consumer spending and boost retail footfall? Experts expect Union Budget 2024 to offer tax breaks and incentives to revive consumer spending and boost retail footfall. What industry experts expect out of Union Budget 2024 “Pent-up demand and legions of revenge shoppers drove brisk recovery in retail and consumer spending so far. Further, temporary tax holidays and incentives around automobile purchases, travel bookings, restaurant dining, and housing can catalyze consumer spending across key sectors, she added.

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History of this topic

Union Budget 2025: High hopes as dark clouds loom over economy
4 days, 2 hours ago

Union Budget 2025: High hopes as dark clouds loom over economy

India Today  

Finance Minister Nirmala Sitharaman is set to present the Union Budget on February 1. We also expect the home loan interest exemption to be increased to Rs 8 lakh annually to support first-time buyers, while Section 80C should either exclusively cover housing loan principal deductions or have its limit raised to Rs 5 lakh.” REAL ESTATE AWAITS RELIEF The real …

Next show how to overcome Budget concerns but 2025 could be ‘bloodbath’ for UK retail
1 week ago

Next show how to overcome Budget concerns but 2025 could be ‘bloodbath’ for UK retail

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy UK retail outlet Next has …

Union Budget 2024 Highlights: Record High Capex In Budget Will Drive The Economy, Says PM Modi
5 months, 3 weeks ago

Union Budget 2024 Highlights: Record High Capex In Budget Will Drive The Economy, Says PM Modi

ABP News  

Union Budget 2024 Highlights: Hello and welcome to ABP Live's Budget 2024 LIVE blog. Budget 2024 Live GDP Growth Rate: On Monday, the FM presented the Economic Survey ahead of the final Budget and set the focus points for the nation ahead. Union Budget 2024 Trade And Hirings: The survey projected a positive outlook for global trade in 2024 as …

Budget 2024 Expectations: Will Nirmala Sitharaman announce tax relief?
5 months, 3 weeks ago

Budget 2024 Expectations: Will Nirmala Sitharaman announce tax relief?

Hindustan Times  

July 19, 2024 11:59 AM IST Budget 2024 Expectations Live Updates: Rajat Agrawal - CEO - Barista Coffee, said, “The Indian retail sector stands at a critical juncture, seeking support from the Govt on various counts which renews consumer confidence. Tax Cuts: Planned Reduction in individual income tax rates, especially for middle-income earners, could boost disposable incomes and drive spending. …

Union Budget 2024: A look at 5 big themes before Sitharaman reveals cards
5 months, 4 weeks ago

Union Budget 2024: A look at 5 big themes before Sitharaman reveals cards

Firstpost  

As the country waits with bated breaths for the 2024 Union Budget, here’s a look at some of the big themes experts believe will take centre stage With the completion of the customary Halwa Ceremony, Finance Minister Nirmala Sitharaman is all set to table the 2024 Union Budget. Key themes before Sitharaman shows her cards According to analysts, the following …

Union Budget 2024: Middle class might not get expected tax relief
5 months, 4 weeks ago

Union Budget 2024: Middle class might not get expected tax relief

India Today  

The government led by Prime Minister Narendra Modi is expected to tilt towards populism given the weaker mandate and the huge dividend of Rs 2.1 trillion for FY24 given by the Reserve Bank of India. As the government prepares to present the budget for the financial year 2024-25 on July 23, the middle class may not see the anticipated tax …

Budget 2024: Expectations of individual taxpayers
11 months, 2 weeks ago

Budget 2024: Expectations of individual taxpayers

Live Mint  

As is usual around this time of the year, the expectations of the taxpayers’ skyrocket for concessions in tax and other favourable changes in the income-tax law from the budget, and this year is no different, in fact, more so, as we are in an election year. In the 2019 interim budget, the government announced favourable tax proposals such as …

Will Union Budget 2023 Help in Boosting the Indian Economy?
1 year, 11 months ago

Will Union Budget 2023 Help in Boosting the Indian Economy?

News 18  

The Union Budget is one of the most awaited documents presented by the Government of India. However, with inflation and with post-pandemic recovery boosting tax revenues, it is expected that the central gross fiscal deficit will be contained at the target of 6.4% for this fiscal year. In the previous Budgets, the FM had opted for a longer fiscal consolidation …

Budget 2022 Expectation: Divided by Sectors, Retail Industry Unites on Low GST Demand
2 years, 11 months ago

Budget 2022 Expectation: Divided by Sectors, Retail Industry Unites on Low GST Demand

News 18  

Budget 2022 Expectations: The retail industry has been staring at the Union Budget 2022 to make a comeback at a time when the sector has been struggling with pandemic woes. With the Union Budget 2022 less than a week away, people from the retail sector in India are mounting their hopes of the government, believing that it would provide support …

Budget 2022: Date, Time, Key Things to Watch Out For
2 years, 11 months ago

Budget 2022: Date, Time, Key Things to Watch Out For

News 18  

Union Budget 2022: Since decades, the central government holds a budget session in the Parliament where a host of decisions regarding the country’s economic growth, and its economy in general, is taken. Here is Everything You Need to Know About Union Budget 2022 Budget 2022 Date and Time The Union Budget will be presented on February 1, Tuesday by the …

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