Rupali Chowdhury, president of the Foreign Investors’ Chamber of Commerce and Industry (FICCI), welcomed the budget’s emphasis on policy predictability

The tax administration backtracked from its decision to levy a 5 percent tax on incomes generated by manufacturers of motorcycles, air conditioners and refrigerators until 2032, raising it to the previous rate of 10 percent.

The incoming train-wreck that is the Republican tax plan has a bizarre solution for a very real problem, and the oddest thing is, they might get away with it.