Sanjiv Bajaj urges government to cut personal income tax rates to revive demand
Mr. Sanjiv Bajaj, Chairman and Managing Director of Bajaj Finserv Limited and President of Confederation of Indian Industry (CII) have urged government for a cut in the rate of personal income tax as a next push in tax reform.
Commenting further, he said, this one measure would help the economy to recover, as it will put more money in the hands of people and revive the consumption and demand cycle in the economy.
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