Demands presented to the Union Finance Minister by India Inc: Fiscal consolidation without compromising on the quality of adjustment. Lowering of taxes. Raising tax exemption limit to Rs. 5 lakh from the existing Rs. 2 lakh. Easing curbs on gold imports. Clarity on retrospective amendment laws. Amendments to the Income Tax Act for simple, prospective taxation. Early … [Read more...] about India Inc Demand For Conducive Tax Reforms