Sunday 26 November 2017

Traders say delay of billions in tax refunds slows India exports

India’s exporters are a worried lot. Four months after India’s biggest tax overhaul, traders are still waiting for 500 billion rupees ($7.7 billion) they say the government owes them in refunds, leaving them short of operating capital as overseas sales suffer.

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via Traders say delay of billions in tax refunds slows India exports

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