Budget likely to cut personal tax, raise spending to revive growth

PM Narendra Modi’s government is expected to raise spending on infrastructure and cut some personal tax in its 2020/21 Union Budget, to spur consumer demand and investment, said govt sources and economists. Fiscal stimulus in the budget for the year beginning April 1 and an increase in spending on roads, railways and rural welfare could revive growth.

from Times of India https://ift.tt/38FiKN4