With the lowered corporate tax rates, the country's attractiveness as an investment destination has enhanced
The cropped tax rates are the latest in a series of steps announced by the government
Here's a selection of Business Standard opinion pieces for the day
This is a welcome step to reverse the economic slowdown
Industry stakeholders said the lower tax payable would now mean more liquidity in the books of companies, which should reflect in higher investment
Though I welcome the reduction of tax rates for corporates, I wonder why the benefits have been restricted to corporates and not to other business entities
MNCs may relocate new factories to India as tax cut to 15% for new factories
FMCG sector experts said consumer goods will be one of the biggest beneficiaries of the tax cut
Key pain point of Indian industry, of being a high-cost producer of goods, substantially reduced; Indian tax on companies now slightly below average Asian level
The measures announced by the finance minister will hit the exchequer by Rs 1.45 trillion a year
Tax on domestic companies will be slashed to 22 per cent from 30 per cent, Finance Minister Nirmala Sitharaman said Friday
Sitharaman told a news conference that the effective corporate tax rate will be lowered to 25.75 per cent from 30 per cent
Experts say Indian businesses operating in the US need to go beyond the changes in the corporate tax rate structure