New Delhi, March 6 -- The quick commerce sector will be a key beneficiary of the income tax cut announced in the Union Budget 2025, as it will trigger strong consumption growth among middle-class consumers, an ICICI Securities report anticipated.

The report anticipates that the sector will be a key beneficiary of the recently announced income tax rebates as consumers will start witnessing higher disposable income from May 2025.

The report notes that the long-term historical data indicates that consumption increased noticeably in Financial Year 2006 (FY06), FY11, FY13, and FY14, the past four instances when there were tax cuts.

"Therefore, we believe that the income tax cuts announced in the union budget for FY26 are likely to trigger s...