The tax burden is all set to be reduced. The Government today announced that tax would come down by 25-30% from the next financial year. P V Bhide, the Revenue Secretary said that the tax payers would be substantially relieved, as the burden of tax would be pulled down by around 25-30%, after GST comes in starting 1 April 2010. He also said that GST will enhance the competitive edge of both the manufacturing and services industries. read more
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Indian Tax Payers Relieved as Tax to be Reduced by 25-30% after introduction of GST
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