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Budget 2020 should cut income tax slabs, offer tax breaks to boost investment: EY


The Indian economy is growing at around 5 per cent in FY 2019-20, which is the lowest in the past 11 years.

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By Shalini Jain

Individual taxpayers are hoping for some beneficial tax reforms in the upcoming Budget 2020 to restitute economic sentiments.

We have recently seen a notable reduction in the corporate tax rates and rationalisation of the Goods and Services Tax (GST) rates. While such measures to turn the tide in the downward spiralling economy has been well-received by the industry, it has also called for a reduction in personal tax rates from all the sectors ...


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