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July 11, 1998

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Panel recommends wider tax net

The Standing Committee on Finance has recommended urgent steps to widen the tax net and enhance revenues.

The Committee desired that a study be conducted to examine the feasibility of identifying the rural rich. Its chairman and Parliamentarian Murli Deora is of the opinion that there are many tax-evaders in the country.

The Committee said that freedom fighters should be exempted from filing income-tax returns.

UNI

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