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INDIA INC. SEEKS TAX RELIEF FOR MIDDLE CLASS AND MSMES

Why in the news? Industry leaders have put forth several key proposals to Finance Minister Nirmala Sitharaman during pre-Budget consultations, emphasizing the need for tax relief for the middle class and reforms benefiting Micro, Small, and Medium Enterprises (MSMEs). Source:Statesman Industry proposal: Income tax relief for middle class to boost consumption. Reconsider MSME payment deadline. …

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