Income Tax announcements made in the Union Budget for 2025-26 are expected to revive a weak urban demand which had been taking a toll on FMCG and consumer internet companies
Analysts and industry leaders called it a comprehensive budget which put the middle class at the forefront of driving consumption
Publicly listed new-age consumer internet companies and D2C startups stand to benefit from an increased urban consumption
Finance Minister Nirmala Sitharaman breathed fresh life into the salaried middle class with the…