India's Finance Minister PalaniappanChidambaram plans to cut taxes and waive farm loans to shore upvoter support and encourage consumer spending after the economyexpanded at the slowest pace since 2005. Chidambaram, presenting the government's last budget beforeits term en...
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NEW DELHI -- In what amounts to a starting gun for thenext general election, India's government tomorrow will unveil a budgetdesigned to reconnect the ruling Congress Party with its traditionalvoters: the poor.In most likely the last budget before voters go to thepolls in a general election that...
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COMMENTARY: SONAL VARMA, ECONOMIST, LEHMAN BROTHERS, MUMBAI: "The budget aimsat boosting economic growth through fiscal measures such as indirecttax cuts and raising the income tax threshold for individuals. Clearly,fiscal policy is being used to stimulate economic growth. "There are cer...
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