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flag US-India Tax Forum proposes reforms to boost investments and economic growth in India.

flag The US-India Tax Forum has proposed reforms to enhance India's global economic standing ahead of the 2025-26 budget. flag Recommendations include simplifying tax structures, aligning foreign bank tax rates with domestic banks, and introducing a 10% tax rate for foreign portfolio investors. flag The forum also suggests tax breaks for greenfield manufacturing in sectors like renewable energy and electric vehicles, and reducing tariffs on critical drugs. flag These proposals aim to attract investments and foster economic growth, positioning India as a key player in the global economy.

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