Finance Minister Nirmala Sitharaman on Friday delivered a major tax bonanza to domestic businesses and manufacturing firms, lowering corporate tax rates to one of the lowest levels in Southeast Asia and allowing new manufacturers to avail minimum corporate tax at 15 per cent.
Sitharaman said the revenue foregone on reduction in corporate tax and other relief measures will be Rs 1.45 lakh crore annually, which means a $20 billion booster to an economy that g ..
Read more at https://economictimes.indiatimes.com/markets/stocks/news/sensex-jumps-over-900-points-nifty-tops-10950-on-fm-tax-booster/articleshow/71213518.cms
Sitharaman said the revenue foregone on reduction in corporate tax and other relief measures will be Rs 1.45 lakh crore annually, which means a $20 billion booster to an economy that g ..
Read more at https://economictimes.indiatimes.com/markets/stocks/news/sensex-jumps-over-900-points-nifty-tops-10950-on-fm-tax-booster/articleshow/71213518.cms
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