Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Momentum Shift
Outlook Business
|March 2025
The Centre hopes that its consumption boost in the form of lower income tax will make India Inc loosen its purse strings
If India's Budget for the upcoming financial year has a unifying theme, it is that the government wants the private sector to usher in the next phase of growth for the world's fifth-largest economy. This comes after years of government capital expenditure (capex) pushing up growth.
The Centre, though, is keen to help businesses make the transition. Its decision to slash personal income tax (under the new regime) is meant to boost consumer demand, whose sluggishness was making companies anxious about shoring up investments.
The Tax Cuts
The tax break will effectively mean that individuals with annual incomes of up to Rs 12.75 lakh will not have to pay a tax on their incomes. Those above this tax bracket will also see a reduction in taxes.
Dit verhaal komt uit de March 2025-editie van Outlook Business.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Outlook Business
Outlook Business
Coffee Meets Comfort
A quick-service restaurant chain, Nothing Before Coffee, is redefining how small cities and towns experience the café culture
3 mins
May 2026
Outlook Business
Tapping the Bathroom Space
From a small unit in Delhi's Walled City to eight plants now, Jaquar has banked on growing consumer demand to expand its portfolio and footprints
4 mins
May 2026
Outlook Business
Labour Pangs
As inflation rises and wages stagnate, India's contract workers are struggling to survive. Protests across industrial hubs reflect growing frustration over low pay and job insecurity
4 mins
May 2026
Outlook Business
An Unlikely Shock
A new research paper finds that districts that were more exposed to contraction in microfinance lending experienced a decline in education
4 mins
May 2026
Outlook Business
The Sound of Success
A game of pickleball or cricket with family and friends is a simple but fun way to reset and recharge for Pocket FM's co-founder and chief executive Rohan Nayak
2 mins
May 2026
Outlook Business
AI can improve production of solar and wind power
Priya Donti, assistant professor, MIT, and co-founder and chair of the non-profit Climate Change Al, talks to Nabodita Ganguly about how AI can help fight climate change, collect data for climate-tech start-ups and more. Edited excerpts
3 mins
May 2026
Outlook Business
Decoding Capital
Capital of many stripes-with varying risk appetites and return expectations- is entering different layers of India's nascent AI data-centre ecosystem
5 mins
May 2026
Outlook Business
'Next Decade will be About More Ways to Work'
Sashi Kumar, managing director, Indeed India talks about five shifts that will define India’s recruitment sector in the next decade and how hiring will become more transparent
1 mins
May 2026
Outlook Business
No Exit?
PE investors in India's IT services are taking a hard look at their portfolios as IPO markets turn selective and AI disrupts the sector
5 mins
May 2026
Outlook Business
Conscious of growth, but not at the cost of the brand
After a record year, Santosh lyer, managing director and chief executive, Mercedes-Benz India, speaks to Yuthika Bhargava on sustaining growth amid rising costs and changing demand. From pricing pressures to younger buyers, he discusses what is shaping the luxury-car market. Edited excerpts
3 mins
May 2026
Listen
Translate
Change font size