tax cut meaning FM Nirmala Sitharaman announces big cut in Corporate Tax

Finance Minister Nirmala Sitharaman addressed media ahead of 37th GST Council meeting in Goa on September 20, 2019. In a major fiscal booster, the government slashed effective corporate tax to 25.17 per cent inclusive of all cess and surcharges for domestic companies. Finance Minister said that the new tax rate will be applicable from the current fiscal which began on April 1, 2019.

tax cut meaning FM Nirmala Sitharaman announces big cut in Corporate Tax
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