Improving the sluggish Indian economy
Dr. Deepak Waikar
![Dr. Deepak Waikar]()
Dr. Deepak Waikar
Keynote Speaker, Trainopreneur-Pro, Researcher-Pro, Academic Adviser, Ph.D.(S'pore), M.S.(Canada), PD Cert(Australia), M.Tech, PGDBM & B.E.(India)).
After cutting corporate taxes, to further pump prime economy following measures can be considered by the Indian Government:
1. Interest rate reduction by at least 2%
2. Individual Tax rate reduction by 5%
3. Additional deductions/relief from corporate & individual taxable income for those who invest in Infrastructure for modernising sewage & drainage systems in major cities & towns.
4. Simplify & Rationalise GST and delink it from the revenue-neutral policy.
5. Additional deductions/relief from corporate & individual taxable income for those who invest in Infrastructure building of storage capacity for agricultural products.
