https://www.taxtmi.com/news?id=21032 Inflation is characterised as a hidden and unfair tax on poor and middle class households, and the Budget presentation asserts that government policy has reduced inflation to a substantially lower multi year average, moderating price burdens on essential goods and services. The Reserve Bank has lowered retail inflation projections for the latter half of the fiscal year amid expectations of normal monsoon and moderate food prices, and the Monetary Policy Committee will meet to determine bi monthly monetary policy settings. en-us Fri, 01 Feb 2019 16:40:38 +0530 Fri, 01 Feb 2019 16:40:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21032 Inflation is characterised as a hidden and unfair tax on poor and middle class households, and the Budget presentation asserts that government policy has reduced inflation to a substantially lower multi year average, moderating price burdens on essential goods and services. The Reserve Bank has lowered retail inflation projections for the latter half of the fiscal year amid expectations of normal monsoon and moderate food prices, and the Monetary Policy Committee will meet to determine bi monthly monetary policy settings. News - Fri, 01 Feb 2019 16:40:38 +0530 https://www.taxtmi.com/news?id=21032