Firms pin hopes on new tax regime to revive mass demand after prolonged slump

  • Posted on April 29, 2025
  • By Business News Today
  • 2 Views
Firms pin hopes on new tax regime to revive mass demand after prolonged slump

Companies anticipate increased demand due to income tax relief starting in April. This could boost consumption, especially in tier-2 and tier-3 markets. Hindustan Unilever expects consumers to either spend more or save more. Honda Motorcycle & Scooter India foresees a positive shift in entry-level demand. Joy Personal Care anticipates a more positive demand environment.
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