Tax cuts to boost consumption, recovery in urban markets, says Marico's Saugata Gupta
- Posted on February 9, 2025
- By Business News Today
- 3 Views
Tax cuts to boost consumption, recovery in urban markets, says Marico's Saugata Gupta
The recent reduction in income tax rates for individuals is expected to boost consumption in various sectors such as travel, apparel, restaurants, and FMCG, as per Marico MD Saugata Gupta. The increased disposable income is unlikely to be directed towards savings, driving a recovery in urban markets.
