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Jute goods makers get a shot in the arm

Jute goods makers have got a shot in the arm from the National Board of Revenue, which has extended reduced tax benefit to them until fiscal 2022-23. At present, jute goods manufacturers pay 10 percent tax on their export income instead of 35 percent. But that privilege was due to expire in June next year. Now, the revenue authority has extended the benefit not only by three
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