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Japan PM to dissolve lower house, delays sales tax hike
By IANS | Bharat Defence Kavach | Publish Date: 11/18/2014 12:00:00 AM

Tokyo : Japanese Prime Minister Shinzo Abe Tuesday said he will dissolve the lower house of the Diet Nov 21 and postpone the second round of sales tax hike by 18 months in the wake of the country's severe economic situation.

The consumption tax hike was planned to be carried out in October 2015 and the prime minister said the tax hike would not be delayed again.

Abe told a press conference that Japan's economy was yet to return to the path of recovery and the first round of sales tax hike had an adverse impact on economic growth, Xinhua reported.

Japan will chalk out an extra budget in the current fiscal year to boost consump

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Japan PM to dissolve lower house, delays sales tax hike

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भारत डिफेंस कवच की नई हिन्दी पत्रिका ‘डिफेंस मॉनिटर’ का ताजा अंक ऊपर दर्शाया गया है। इसके पहले दस पन्ने आप मुफ्त देख सकते हैं। पूरी पत्रिका पढ़ने के लिए कुछ राशि का भुगतान करना होता है। पुराने अंक आप पूरी तरह फ्री पढ़ सकते हैं। पत्रिका के अंकों पर क्लिक करें और देखें। -संपादक

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