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US-India tax forum proposes reforms for Budget 2025-26 to boost competitiveness
The Business Guardian
|January 16, 2025
As India gears up for the Union Budget 2025-26, the US-India Tax Forum—a specialized Tax Policy Forum under the US-India Strategic Partnership Forum (USISPF)—has presented an ambitious set of recommendations aimed at bolstering the nation's global economic standing.
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Comprising around 200 member companies, the Forum serves as a platform for dialogue on critical tax policy issues, connecting Government of India policymakers, global tax experts, and the business community to champion innovative and forward-thinking tax reforms.
In response to invitations from the Ministry of Finance, the Tax Forum conducted multiple consultations and presented its recommendations on three occasions. These proposals are designed to attract fresh investments, simplify tax structures, and position India as a global growth leader.
This story is from the January 16, 2025 edition of The Business Guardian.
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