Domestic, Investors Seek Reduction In Withholding Tax rates: Market Experts

Markets are expecting the Finance Ministry to fill the gap between expenses and income. The expense is around Rs 34 lakh crore, income is around Rs 24 lakh crore is income, while the deficit is around Rs 10 lakh crore. COVID-19 this year is going to cost Rs 2 lakh crore. Additionally, domestic and foreign investors looking for a reduction in withholding tax rates.

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