ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Is There a Case for Tax Reductions and Concessions

Is There a Case for Tax Reductions and Concessions?
D T Lakdawala THERE is now a general consensus that conditions in the Indian economy are ripe for a fresh effort to accelerate the rate of economic growth, Foodgrains production has reached a new record level and procurement targets seem easy to fulfil. Industrial raw materials and intermediate goods are in ample supply. After a very disturbing rapid rise, prices have dipped a little and are remarkably stable. The power situation has eased in many states after the grave shortages of two years ago. Industrial peace has been ensured. And yet, spite these favourable conditions, Austrial growth has hardly revived.

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