Consumer industry captains seek more tax cuts to support demand
India’s consumer goods chiefs are urging the government for tax cuts and measures to boost middle-class purchasing power to sustain consumption recovery. They seek support for local industries against volatile commodity prices and stable input costs, aiming to prevent price hikes for consumers. Increased disposable incomes and infrastructure investments are also key demands.🕒 1 min read
India’s consumer goods chiefs are urging the government for tax cuts and measures to boost middle-class purchasing power to sustain consumption recovery. They seek support for local industries against volatile commodity prices and stable input costs, aiming to prevent price hikes for consumers. Increased disposable incomes and infrastructure investments are also key demands.
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