Survey cuts FY17 growth to 6.5%, urges lower tax
Wednesday, February 1st, 2017New Delhi: This year’s Economic Survey has suggested a cut in tax rates to reverse the decline in growth caused by demonetisation. Presented in Parliament on Tuesday, the document for 2016-17 said growth in the current fiscal was likely to decelerate to 6.5% from the earlier projection of 7.1%. Policy support in the Budget, scheduled […]