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Wednesday, 29 April 2020

Ex-Maharshtra Finance Minister: Blanket Tax Cut May Not Serve as Stimulus Against Covid-19 Impact

New Delhi (Sputnik): To curb spreading of contagious Covid-19 virus, India is under national lockdown till 3 May, as announced by Prime Minister Narendra Modi. Owing to the lockdown, all sectors of the economy are facing severe loss. The government has announced a $22.36 billion relief package for the poor and a stimulus package is in the making.

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