ilmscore | Prediction Details
"with this basic exemption limit increased with the rebate increase I think anyone who is in the low income group or with even these limits being increased those who are into the middle income group they are going to be definitely benefited if tax outflow is less for them then their disposable income is going to be a shared higher and if disposable income is higher obviously they'll be able to spend more so consumption story is again here in Focus"
By CA Rachana Phadke Ranade | February 1, 2023 | Pending
From video
Budget Highlights 2023 | My Top 3 Picks | CA Rachana Ranade 00:04:28 - 00:04:51
Interpreted Prediction
Increases in basic exemption limit and rebate under the new tax regime will benefit low and middle-income groups, leading to higher disposable income and increased consumption.

Prediction Details

Topic
Taxation (New Regime)

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