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@article{192443,
        author = {Rakshitha R and Akshatha Salmani and Priya Kumari and Smitha K and Dr. Tejaswini S},
        title = {Influence of Annual Budget Tax Revisions on Consumer Spending Patterns},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {12},
        number = {9},
        pages = {1564-1569},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=192443},
        abstract = {One of the most important fiscal policy tools which the government uses to control the level of economic action is the Union Budget which has the effect of altering direct taxation structures that have a direct impact on the individual tax payer. This paper looks at how annual budget changes on the direct tax affect consumer spending behaviour in India with particular emphasis on individual taxpayers. The study will seek to learn the effect of modification of direct tax policies on disposable income, financial planning and consumption choices among various income levels. The research design is descriptive and the study is anchored on primary data that is obtained by use of a structured questionnaire that is administered on individual taxpayers. The participants in the groups of low-, middle-, and high-income were sampled conveniently. The analysis of the data was based on percentage analysis and interpretation to establish patterns and relationships between direct tax revisions and consumer spending behaviour. The study results show that direct tax revisions have a great impact on consumer disposable income and financial planning choices, especially by middle-income earners. Although tax change does not lead to quick and drastic responses to change in consumption, it has beneficial outcomes on consumer confidence and discretionary spending in the long run. The research also indicates that knowledge and perceptions of the tax reforms are significant in influencing the behaviour of expenditure, among other economic determinants including the financial stability of incomes and inflation. The research comes to the conclusion that clear and properly designed direct tax policies are an effective fiscal instrument to activate consumer confidence, promote planned expenditures and sustainable economic development. The results furnish important information to policy-makers in gauging the usefulness of direct tax reforms in shaping the economic behaviour of households.},
        keywords = {},
        month = {February},
        }