| Tax cuts top CII's budget wish-list |
| BS Reporters / New Delhi December 25, 2007 |
| The Confederation of Indian Industry (CII) has sought reduction in overall tax burden and tax benefits to encourage all research and development activities to provide greater stimulus to economic growth. It has also sought removal of anomalies in custom duty structure and reduction in excise rate from 16% to 14%. A conducive tax policy for building people, strengthening rural economy and enhancing competitiveness are the key focus areas of CII |
