New Corporate Tax Cuts: Big Move To Kick Start The Economy?

The centre today reduced corporate tax on domestic firms - a major tax reform announced by the Finance Minister, one that could finally spur growth - or so the government hopes. India Inc has welcomed the move saying the most immediate impact will be improving the overall sentiment, allowing more cash in the hands of companies to re-invest in their capacities, and for investors - possibly better dividends. On The Big Fight tonight, we discuss whether this is a big move to kick start the economy?