Govt to forego Rs 1.45 lakh cr/year, Nirmala Sitharaman slashes corporate tax rates to promote growth

Corporate tax rate to be slashed to 22 percent if exemptions are not availed. This gives companies an effective tax rate of 25.17 percent inclusive of all surcharges and cess.

from Moneycontrol Business News https://ift.tt/31yCe2G