The move - made in August - is expected to contribute to the government's goal of expanding to a 5 trillion dollar economy over the next five years.
Union minister Rajnath Singh today held out hope for further tax rationalisation measures to invite foreign investment in the country. The defence minister, who is currently in France, met with the heads of the French defence establishment today and invited them to participate in the "Make In India" initiative.
"Our government is ready to consider further tax rationalisation measures to encourage 'Make in India'," the minister was quoted as saying at ...
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