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India scraps 20% sugar export tax to boost overseas sale, cut inventory India has scrapped the 20 per cent sugar export tax, a government source said on Tuesday, to help boost overseas sales in a surplus year of production. Last week Reuters reported that India, the world's biggest consumer of sugar, would axe the
India Inc's subsidiaries in tax havens under The government’s task force on shell companies has recommended that enforcement agencies and regulators identify and conduct an inquiry against Indian companies

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