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Riding on optimism, promising the riches
Hindustan Times Lucknow
|February 02, 2025
Optimism seems to be the key sentiment driving the FY26 Union Budget.
This is reflected in the finance minister's (FM) assumption of 10.1% nominal gross domestic product (GDP) growth rate for the coming fiscal against the ministry of statistics and programme implementation (MOSPI)'s advance estimate of 9.7%. Similar optimism is reflected in the hope that the high-level committee tasked with reducing the compliance, inspection and regulatory burden will suffice to perk up investors' confidence and the reduction in personal income tax rates, for the lower segments of the middle class will provide the much-needed boost to consumption demand.
Diese Geschichte stammt aus der February 02, 2025-Ausgabe von Hindustan Times Lucknow.
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