Revenue concerns for the government make immediate tax cuts tough - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Revenue concerns for the government make immediate tax cuts tough

Removing equity-related taxes may burn a Rs 80,000 crore hole in government kitty. More sops will mean raising tax on super-rich which has already been done in the budget or cutting welfare spend, both of which may not be feasible.

from Economy-News-Economic Times
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