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    <title>Slew of Reform Measures taken by the Government had a Positive impact on the Market Sentiments: FM</title>
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    <description>Reform measures and global developments improved market sentiment while domestic indicators are mixed: direct tax receipts are satisfactory but indirect taxes are short. Consultations proposed progressive taxation, tax base widening, stronger enforcement against evasion, inheritance tax, certainty and time bound tax dispute resolution, creation of an Asset Management Office for central urban land, pausing Basel III implementation temporarily, incentives for small savings, lower interest rates, doubled agricultural credit, rationalisation of centrally sponsored schemes, higher capital expenditure in agriculture, investment in health and education, promotion of renewable energy, and redirecting higher education fee increases to support primary and secondary education for the poor.</description>
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    <pubDate>Tue, 08 Jan 2013 10:51:32 +0530</pubDate>
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