{
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   "date" : "2017-07-1",
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   "text" : "India replaces its federal and state taxes with the Goods and Services Tax (GST), the most extensive tax reform since its independence. ",
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         "text" : "India approves cutting taxes on hundreds of consumer goods in response to new U.S. tariffs imposed on India last month. The overhaul cuts the consumption tax from a four-tier structure to a two-rate structure. ",
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