Individual taxpayers need to be incentivised to migrate to an exemption-less income-tax regime, Bibek Debroy, chairman of the Economic Advisory Council to the Prime Minister, told ET, pegging India to grow at about 6.5% in the next fiscal.
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According to Debroy, the government’s capital expenditure focus will continue in FY24 while setting aside higher spending on social sectors including health and education.
Source: Economic Times
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