With the Indian Economy sputtering, there is a growing demand for a cut in taxes. There is also a section clamouring in favour of boosting the demand and opposing the tax cuts. Evaluate the effects both the option could have on the economy. (15 Marks)

Mentor’s Comment: In the intro briefly describe the phase the Indian economy is going through and decreasing growth rate In the main body of the answer explain the benefit of each option and site some facts in favour of argument. Like tax cut only increases the spending power of a few who might not be … Continue reading With the Indian Economy sputtering, there is a growing demand for a cut in taxes. There is also a section clamouring in favour of boosting the demand and opposing the tax cuts. Evaluate the effects both the option could have on the economy. (15 Marks)