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siddharth mehta

Siddharth Mehta

Earlier this year, the government had reduced the excise duty rates on capital goods, white goods, automobiles, etc. to revive demand in these sectors.

Budget 2014-15: Govt must rationalise indirect tax regime to revive manufacturing, says KPMG

by Pratik Jain |Jun 24, 2014

The need for fiscal consolidation and the general perception that the duty cut had little impact on reviving growth could tempt the finance minister to roll back the concession.