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2024

FM Sitharaman wants to widen India's tax-net even further, directly & indirectly

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India's Finance Minister, Nirmala Sitharaman, has reiterated the need to widen the country's tax net, both directly and indirectly. She also mentioned the need for non-tax revenue mobilizations to improve Public Sector Undertakings (PSUs) dividends, which have seen high valuations and increased performance. Sitharaman also discussed asset monetisation, which involves maximizing the use of unutilised assets like stadiums or land available with PSUs for better purposes.