In a huge relief to the middle class and taxpayers, FM today announced there will be no income tax payable on income up to ₹12 lakh under new tax regime ...

If it is any indication, Sitharaman recently spoke about the greater multiplier effects of capex ... consumption basket and bringing down marginal tax rates for personal income up to $20 lakh ...

Former Chief Economic Adviser Krishnamurthy V Subramanian has hailed the personal income tax (PIT) cuts announced in Budget 2025-26, calling their impact on the economy "huge." Reacting to Finance ...

including increases in the standard deduction and the income thresholds for marginal tax rates. Also of note are small increases to the earned income tax credit as well as slightly more generous ...

The multiplier effect is much stronger when this revenue is ... these tweaks are not going to move the needle,” Misra explained. On the subject of tax rates, Misra also addressed the volatility in ...

KV Subramanian, IMF Executive Director, highlights that the finance minister's tax cuts will put Rs 1 lakh crore into the ...

Jelena Danilovic / Getty Images The terms "deposit multiplier ... formula. The money multiplier is important in macroeconomics because it determines the money supply, which affects interest rates.

"Close to a about lakh of crores giving out in the form of tax benefits. Just look at the multiplier effect of that. It is ...

The tax rate you pay on the highest portion of your taxable income is known as your marginal tax rate. Here’s how to determine it. Many, or all, of the products featured on this page are from ...

Austria and Finland levythe world’s highestmarginal income tax rate at 55%. In India, the highest marginal rate for taxpayers in the highest income slab is 39% under the new tax regime and 42.7% ...

The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...

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