Tax cuts are mere tokenism: Chidambaram

New Delhi, Feb 2: Former Fince Minister P. Chidambaram on Thursday said that the tax cuts announced by Fince Minister Arun Jaitley were nothing but mere “tokenism”. “The tax cuts announced by the Fince Minister are, at best, tokenism. If you do the math, you will find that he has given 1.98 crore tax payers a relief of, on average, Rs 5000 per taxpayer. (IANS)