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    <title>India will benefit from growing tax revenue in Financial Year 2018</title>
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    <description>Projected tax revenue growth is expected to offset weakening non-tax receipts caused by lower central bank and public sector dividends, a slow divestment programme and subdued spectrum auction proceeds. Strong advance collections, higher numbers of tax returns and a wider tax base post GST support tax side optimism, but slower inflation and downside macro risks could reduce nominal growth and revenue realisation.</description>
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