Fiscal policy

India’s tax cut hailed by investors but concerns remain

New Delhi’s bold move to bring down its corporate tax rate has generally been well-received but inflexible labour and land laws continue to hold back India.
India's corporate tax cut is a major boost to the manufacturing sector
India's corporate tax cut is a major boost to the manufacturing sector

India’s corporate tax cut, hailed as one of the biggest economic reforms in the country’s history, is seen as an ideal move to support the manufacturing sector and reverse economic slowdown.

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