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After slashing income tax rates for individuals on condition that they give up exemptions and deductions, Finance Minister Nirmala Sitharaman on Saturday said the government intends to remove all IT exemptions in the long run.
Speaking at a press conference after presenting her second budget, she said income tax cuts follow reduction in corporate tax rates in September last year and in the same manner, with or without exemptions.
Speaking at a press conference after presenting her second budget, she said income tax cuts follow reduction in corporate tax rates in September last year and in the same manner, with or without exemptions.
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