India Inc seeks income tax cut to boost demand

Industry bodies requested tax cuts, increased public spending, and focus on MSMEs in the budget to boost demand and job creation during their consultations with FM Sitharaman. Proposals included reducing personal tax rates, excise duty, improving credit flow to small businesses, and developing rural industrial parks, with an emphasis on public capex and female workforce participation.

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZDVhGKW

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