Article: Withdrawal of tax exemptions on export earnings would not curb its growth -- Sinha.

M2 PRESSWIRE-15 March 2000-INDIAN GOVERNMENT: Withdrawal of tax exemptions on export earnings would not curb its growth -- Sinha (C)1994-2000 M2 COMMUNICATIONS LTD

RDATE:15032000

The Finance Minister, Shri Yashwant Sinha today said that withdrawal of IT exemptions on export earnings would not curb its growth. He said that the impact on export will be only 0.57 per cent a year which could be adjusted by a single day rupee currency fluctuation. The Finance Minister was addressing a post-Budget meet organised by Associated Chambers of Commerce and Industry (ASSOCHAM), here today. He said that the Government will not reverse the tax proposals even ...

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