[ad_1] As Finance Minister Nirmala Sitharaman prepares to deliver her eighth straight budget speech, there are calls for more allocation for research and development (R&D). However, as the latest economic survey pointed out, the share of the country’s private sector in the amount spent on R&D is abysmally low compared to a whole host major nations, […]
Budget 2025: Nearly six months after income tax cuts, India’s middle class is no better off – CNBC TV18
[ad_1] Finance minister Nirmala Sitharaman widened the slab for zero income tax and increased the standard deduction for all taxpayers in the July 2024 Budget. The move was aimed at leaving more money on the table for consumption. Nearly six months later, India’s middle and lower-income households are spending less even on essentials. Company Value […]