Page 9 - Corporate Tax Cut

'First step towards realising Make in India': Experts hail FM's measures

Sitharaman told a news conference that the effective corporate tax rate will be lowered to 25.75 per cent from 30 per cent

FM's boosters send markets soaring, add Rs 2.11 trillion to investor wealth

The rupee also rallied 66 paise to 70.68 against the US dollar on announcements made by the finance minister

Govt cuts corporation tax to 25.17% for domestic firms; Sensex up 1200 pts

Sitharaman said the revenue foregone on reduction in corporate tax and other relief measures will be Rs 1.45 trillion annually

Corporate tax cuts don't go far enough

The single most long-standing demand of India Inc has been a reduction of the corporate tax rate

Govt has promised to lower corporate tax to 25% as GST mop-up rises: Ficci

In the 2015-16 budget, govt had announced that the corporate tax rate would be gradually lowered to 25% from 30% over the next four years and exemptions available to companies would be phased out