India's new govt promises low and stable tax regime for economic revival

By Rajesh Kumar Singh and Manoj Kumar NEW DELHI, July 25 (Reuters) - India's new governmentpledged on Friday to pursue a low, stable and simple tax regimeas it looks to win back investor confidence and spur economicactivity, both of which have nosedived due to mounting taxdisputes. A struggle to raise revenues in a sluggish economy and thepressure to narrow the fiscal deficit to avoid a "junk ...

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