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The Impact of Global Competition on Evolving Tax Strategies

by divadhvik
Published: April 1, 2025 (2 months ago)
Category
Finance
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The Impact of Global Competition on Evolving Tax Strategies
In today’s interconnected world, global competition significantly shapes economic policies and taxation frameworks. Governments worldwide continuously adapt their tax strategies to ensure economic growth while maintaining a competitive edge. Taxation in India is no exception, as policymakers balance income generation, business incentives, and wealth creation to sustain economic progress. This article explores how global competition impacts tax strategies, with a specific focus on income taxation in India and how businesses and individuals can leverage tax reforms for wealth creation.

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