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On current growth trends, there is no scope for tax cuts: Laura Papi
Some sections of India Inc have been demanding a cut in indirect tax rates by one or two percentage points in the Budget to perk up a slowing economy but Laura Papi, International Monetary Fund (IMF) head for Asia and Pacific says the current momentum in the Indian economy does not warrant such cuts. She tells Dilasha Seth that inflation is still a cause for worry — the fall being due to a high
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