The Indian economy is on a downward trend. The International Monetary Fund (IMF) recently lowered India’s economic growth forecast for financial year 2019-2020 to 4.8% from 6.1% earlier. Similarly, Moody’s Investors Service slashed its FY20 growth projection for India from 6.6% earlier to 5.4%.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
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