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Tax Relief, Consumption Revival On The Cards?

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SUMMARY

The urban FMCG sector, a key driver of India’s consumption narrative, has suffered a major slowdown in the mass-market segments through most part of 2024

Consumers, both in villages as well as in cities, have significantly cut down on non-food items

As Nirmala Sitharaman gears up for the Union Budget 2025-26 to be tabled on February 1, there is mounting anticipation that she will propose measures to stimulate consumption across the economy

The cry for a boost to revive India’s consumption story turns louder as…

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