https://www.taxtmi.com/news?id=21777 The policy objective is attainment of a US$ 5 trillion economy by the target year through measures in Budget 2019-20: liberalisation of Foreign Direct Investment, expanded eligibility for a lower corporate tax rate, additional tax relief for affordable housing loan interest, GST rate reduction proposals for electric vehicles, customs duty reductions to promote manufacturing, large-scale infrastructure investment and restructuring, cluster-based support for traditional industries (SFURTI), continuation of farmer income support, and a cabinet committee plus state-level coordination under cooperative federalism to align implementation. en-us Tue, 23 Jul 2019 18:13:50 +0530 Tue, 23 Jul 2019 18:13:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21777 The policy objective is attainment of a US$ 5 trillion economy by the target year through measures in Budget 2019-20: liberalisation of Foreign Direct Investment, expanded eligibility for a lower corporate tax rate, additional tax relief for affordable housing loan interest, GST rate reduction proposals for electric vehicles, customs duty reductions to promote manufacturing, large-scale infrastructure investment and restructuring, cluster-based support for traditional industries (SFURTI), continuation of farmer income support, and a cabinet committee plus state-level coordination under cooperative federalism to align implementation. News - Tue, 23 Jul 2019 18:13:50 +0530 https://www.taxtmi.com/news?id=21777