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Economy

Joy for manufacturers, retailers as India moves closer to unified tax

A Mumbai showroom of Tata Motors, one of the many Indian companies expected to benefit from a unified tax. (Photo by Kuni Takahashi)

MUMBAI/NEW DELHI -- Hopes that the much-awaited goods and services tax may finally see the light of the day has improved the long-term outlook for Indian manufacturing companies, especially those in the automotive and consumer goods sectors.

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