Tax cut, push for auto sector: What Sitharaman has done to rescue economy

From Ahmedabad to Varanasi and then Mysuru to Guwahati and Chennai, Finance Minister Nirmala Sitharaman toured the length and the breadth of the country between August and September. Meeting traders, experts, entrepreneurs to gauge the pulse of the nation, Sitharaman has become a reformer, pulling all stops to get the economy out of a six-year-low growth rate.

Firing up Economy:

• Corporate tax slashed to 22%

• Rs 1.45 trillion revenue forgone

• New manufacturing firms can pay 15% tax

First Tranche: The Booster Dose 

• Rolling back the surcharge on income of FPIs

• Rs 1,400 crore forgone by government

• Took back the prison sentence for CSR norms violation

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