Union Finance Minister Nirmala Sitharaman says, "…One thing which I certainly would like to highlight is responding to the voice of the people, which is what Prime Minister Modi is known for in his administration. It’s a very responsive government and as a result, the income tax simplification which I announced in July is already completed in its works and we shall bring the bill in the next week…So if we are talking of reform inclusive of taxation, the work is done. This budget also speaks about rationalization and customs. Tariffs are being brought down, tariffs are being simplified…"
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