Demanding tax structure on biscuits, Parle denies reports of 10,000 job losses
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There were reports of 10,000 job losses in leading biscuit maker Parle, due to slow economic growth. However, Parle has denied the report and said that the media had hyped the report. They have said that people haven't lost their jobs yet, however, if they are not getting production volume as earlier, retaining the manpower will be difficult for the company. They have also asked for lesser tax rates.