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Why no tax relief on oil imports is Modi's smart move - Economic Times

Economic Times

Why no tax relief on oil imports is Modi's smart move
Economic Times
Between the 2013-14 and 2018-19 Budgets, oil subsidies fell 62%. More remarkably, despite expenditure on Modi's big welfare projects, social sector expenditure (a proxy for welfare spend) fell by almost 20%. And the contribution of oil tax revenues to ...

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