Corporate Tax Rate Cut From 30% To 25.2% To Spur Growth | Read

PUBLISHED ON: September 20, 2019 | Duration: 13 min, 51 sec

  
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Finance Minister Nirmala Sitharaman said on Friday that the government has decided to lower the corporate tax rate on domestic companies and new manufacturing firms. In a press briefing in Goa, Nirmala Sitharaman said that with this change, the effect tax rate for companies will be 17.01 per cent inclusive of surcharge and cess.
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