Policy Reform and the Dynamics Of Competition
1994-95 Tax IncCor a 2 Corporate inc tax (on domestic companies) reduced to a uniform rate of 40% 1994-95 Tax vat a 2 Service tax introduced 1994-95 Tax vat a 2 Cut in number of ad-valorem excise rates to about half; phasing out of exemption notifications 1995-96 Kmkt InvF a- 3 Private sector institutions permitted to set up Money Market Mutual ... ................
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