India's finance minister ditches 'colonial' briefcase for Budget 


The budget contained a raft of measures to rejuvenate the Indian economy after it stalled recently following a growth rate over 7 per cent. They include cuts in corporate tax, supper for digital payments for small businesses and relief for home owners.

The annual economic survey, released on Thursday, also suggested other measures, including recognising reliable taxpayers by naming important buildings, monuments or trains after them. 

Other sweeteners could include faster boarding at airports and special “diplomatic-type” lanes at immigration counters, the government report compiled by India’s chief economic advisor said.


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