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India Shouldn't Raise Taxes Now, Observatory Group Says

Jan.31 -- Ananth Narayan, senior Indian analyst at the Observatory Group and associate professor of Finance at the S.P. Jain Institute of Management and Research, previews the budget that is scheduled to be announce later Monday. Finance Minister Nirmala Sitharaman will likely make a generous allocation for development, put more money in the hands of the average taxpayer to boost consumption and ease rules to attract foreign investments. Narayan speaks on "Bloomberg Markets: Asia."