"While the reduction brings India's corporate tax rate closer to peers throughout Asia and will support the business environment and competitiveness, a host of cyclical factors, including rural financial stress, weak corporate sentiment, and a slow flow of credit in the financial sector, remain headwinds to near-term growth," it said.
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Saturday 21 September 2019
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'Corp tax cut positive but growth faces headwinds'
'Corp tax cut positive but growth faces headwinds'
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