26-12-16: Indian Finance Minister Suggests Lower Tax

By Anya Palm

In a bid to better compete globally, Indian Finance Minister Arun Jaitley Monday argued that a lower level of taxation would be necessary.

India should be able to “provide services more competitive in nature,” because competition “is not domestic, it is global”, he said at an inaugural ceremony for new IRS officers.

http://timesofindia.indiatimes.com/business/india-business/india-needs-lower-level-of-taxation-says-finance-minister-arun-jaitley/articleshow/56180151.cms