India Considers Tax Cuts
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tax ratesReuters
•World
World
India considers cutting personal income tax to lift consumption, sources say
80% Informative
India is considering cutting income tax for individuals making up to 1.5 million rupees ($ 17,590 ) a year in February 's budget.
The move could benefit tens of millions of taxpayers, especially city dwellers burdened by high living costs.
A decision would be taken closer to the budget on Feb.1 , they said.
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