Income tax cuts and new tax slabs ⁠— here’s how Indian Finance Minister Nirmala Sitharaman wants to make people shop more​Income tax cuts and new tax slabs ⁠— here’s how Indian Finance Minister Nirmala Sitharaman wants to make people shop more 

​India is bracing for its third budget in 12 months. Meanwhile, economic growth has been on a downward spiral as tepid income growth led to penny-wise people further cutting back on consumption— from cars and bikes to even items of daily use.

​​India is bracing for its third budget in 12 months. Meanwhile, economic growth has been on a downward spiral as tepid income growth led to penny-wise people further cutting back on consumption— from cars and bikes to even items of daily use.