A case for 15% corporate tax rate will improve India’s competitiveness. Here’s why : 10-06-2020

In September last year, the government had reduced the corporate tax rate to 22% for companies that gave up all exemptions and incentives.

Further, a 15% rate was offered to new manufacturing firms. That rate could become applicable to all companies. It will improve India’s competitiveness and compensate for other disadvantages.

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Source : PTI