TOKYO: Japanese Prime Minister Sanae Takaichi announced her intention to proceed with a sharp two-year cut on an 8 per cent sales tax on food items, a senior ruling party official said on Thursday (Jul 30), a move set to strain the country's worsening finances.In a meeting with ruling party executives, Takaic

Tokyo, July 27 (Jiji Press)--Japanese Prime Minister Sanae Takaichi said Monday that her administration will shortly submit to parliament a bill proposing a consumption tax cut on…

Tokyo, July 28 (Jiji Press)--A Japanese suprapartisan council gave up reaching a consensus Monday on a proposed two-year consumption tax cut for food items, leaving a decision up…