The tepid consumption growth, coupled with a slowdown in government capex, has dampened market sentiments. In the last one year, the domestic Consumption the way forwardThe announcement of income tax relief in the Union The reforms simplify the existing fourtier structure (5%,12%,18%,28%) into three slabs, 5%, 18% and 40% (the latter is reserved for sin and luxury goods). The revised rates will take effect from 22 September 2025 onwards (except for tobacco) and are expected to boost affordability and consum ...