Hidden in the Budget documents is a number that has gone virtually unnoticed - India's revenue foregone due to the trade agreement with Asean more than doubled to nearly Rs 26,000 crore in 2018-19 from the previous fiscal, as it allowed duty-free and lower duty import of more goods from the trading bloc.
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Revenue concessions to RCEP may touch Rs 60,000 crore
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Revenue concessions to RCEP may touch Rs 60,000 crore https://ift.tt/2LNkJYj
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