In a bid to counter the growing negativity about the economy and revive growth, finance minister Niramala Sitharaman on Friday announced a slew of measures, including scrapping surcharge on foreign portfolio investors (FPIs) and domestic market players and steps to improve the flow of loans and overall cash in the system, while promising easier rules and lower compliance burden on companies.
In a bid to counter the growing negativity about the economy and revive growth, finance minister Niramala Sitharaman on Friday announced a slew of measures, including scrapping surcharge on foreign portfolio investors (FPIs) and domestic market players and steps to improve the flow of loans and overall cash in the system, while promising easier rules and lower compliance burden on companies.