Tag: Corporate Tax

Corporate Tax slashed to fire up economy, sends Sensex soaring
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Corporate Tax slashed to fire up economy, sends Sensex soaring

September 20, 2019

New Delhi: As a Deepavali gift, Finance Minister Nirmala Sitharaman this morning slashed Corporate Tax rates for domestic firms from 30% to 22% and for new manufacturing companies from 25% to 15% to boost economic growth. The move brings India’s Corporate Tax rate on par with East Asian countries, the Minister said about the Government’s…

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