Bloomberg
But tax cuts and lower rates may not be enough to tackle a deeper problem: stagnant wages. Urban wage growth has trailed nominal GDP for most of the past two decades, and momentum stalled after peaking in 2022.
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GST and income tax cuts may lure global funds back to India
Bloomberg
17:33
But tax cuts and lower rates may not be enough to tackle a deeper problem: stagnant wages. Urban wage growth has trailed nominal GDP for most of the past two decades, and momentum stalled after peaking in 2022.
