The Swedish government intends to eradicate the press advertising tax amidst claims that it is “unfair” and “ideologically wrong”, reported the European Journalism Centre last Monday.

"Advertising is part of a company's marketing, which is a central and healthy part of a market economy - nothing that should be subject to penal taxes," said Culture Minister Lena Adelsohn Liljeroth.

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The print industry in India is preparing a list of demands for the Finance Minister, to be delivered before the Union Budget 2008-09 is presented.

The list will demand the removal of the Fringe Benefit Tax (FBT), and lower taxes on the buying and selling of newsprint, among others, exchange4media reported Monday.

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