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...Measures and tax incentives, which not only give more liquidity at the hands of the individuals, but also offer efficiencies on savings, will be a welcome step.Also amongst the expectations, the key would always revolve around increasing the current exemptions limits on income tax. ...NDTV on Feb. 23, 2016, midnight
...to make India an attractive destination for investments. According to Department of Industrial Policy and Promotion (DIPP), the total FDI inflows soared by 24.5 per cent to $44.9 billion during FY2015, as compared to $36.0 billion in FY2014.As the government presses the accelerator for attracting FDI, it becomes increasingly essential for the allied departments to complement the efforts. One of the key departments, which are directly aligned with the efforts for attracting foreign investment, is the Income Tax Department. There is no denying that more FDI reaches those countries, which rate higher on the "ease of business" scale and how the tax regulations of a country are. ...NDTV on Jan. 25, 2016, midnight