https://www.taxtmi.com/news?id=16035 Renewed policy emphasis on structural economic reforms targets enhanced competitiveness and investment-led growth through liberalisation, tax rationalisation, and infrastructure development. The statement highlights opening multiple sectors to foreign direct investment, reduction in corporate tax rates, progress toward a goods and services tax, and measures to lower costs of capital and logistics to reduce transaction costs and stimulate value added manufacturing. Expanded investment in transport and port infrastructure, rural infrastructure development, and rationalisation of government support and subsidies are presented as fiscal priorities to relieve stresses on economic fundamentals. en-us Tue, 19 Apr 2016 18:13:51 +0530 Tue, 19 Apr 2016 18:13:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16035 Renewed policy emphasis on structural economic reforms targets enhanced competitiveness and investment-led growth through liberalisation, tax rationalisation, and infrastructure development. The statement highlights opening multiple sectors to foreign direct investment, reduction in corporate tax rates, progress toward a goods and services tax, and measures to lower costs of capital and logistics to reduce transaction costs and stimulate value added manufacturing. Expanded investment in transport and port infrastructure, rural infrastructure development, and rationalisation of government support and subsidies are presented as fiscal priorities to relieve stresses on economic fundamentals. News - Tue, 19 Apr 2016 18:13:51 +0530 https://www.taxtmi.com/news?id=16035