FM urges industry to look beyond rate cuts to compliance and revenue; calls for robust tax policy research

Finance Minister Sitharaman has urged Indian industries to focus on compliance and revenue rather than just relying on interest rate cuts. She emphasized the need for robust tax policy research, drawing comparisons with institutions in the UK and Amsterdam. This suggests that the government is shifting its focus from monetary policy to fiscal policy, which could impact the economy and markets. A stronger tax policy framework could lead to increased investor confidence and economic growth.

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India's finance minister is calling for better tax policy research to support economic growth. This could lead to more effective tax reforms and a stronger economy.

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