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Friday, 13 November 2026 IST

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India needs tax reform to reduce distortions and lift investment growth

Recent tax changes are welcome, but India needs sustained reforms to address exemptions, reduce cascading taxes, improve compliance and broaden the tax base without distorting investment decisions.

India needs tax reform to reduce distortions and lift investment growth
India needs tax reform to reduce distortions and lift investment growth — image via Business Standard — Credit: Business Standard

Attributed summary

Recent tax changes are welcome, but India needs sustained reforms to address exemptions, reduce cascading taxes, improve compliance and broaden the tax base without distorting investment decisions.

Read the original report — Business Standard

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