ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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A Primer on Required Tax Policy

In the last two years there has been a decline in the tax/GDP ratio but this year the finance minister intends to reverse that mainly through mopping up more corporation and income and service taxes and an improvement in union excise duty collections. However, the proposals in the budget are not conducive to promoting growth in the economy.

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