Category Archives: Current affairs – september 2019

Historic Corporate Tax Rate Cut to 22%: One of the lowest tax rates among other Countries

Historic Corporate Tax Rate Cut to 22%: One of the lowest tax rates among other Countries

India’s Corporate Tax Rate reduced to 25.17% inclusive of cess and surcharge. It is one of the lowest corporate tax rates that puts India at par with other countries from South Asian and South-East Asia Regions. India’s Corporate Tax Rate has been slashed to 22 per cent, a historic move by Narendra Modi-led NDA Government. Union Finance…

Nirmala Sitharaman press conference: Corporate tax rates slashed, enhanced surcharge not applicable on capital gains

Nirmala Sitharaman press conference: Corporate tax rates slashed, enhanced surcharge not applicable on capital gains

Nirmala Sitharaman press conference: The Finance Minister has proposed to slash corporate tax rate for domestic companies and new domestic manufacturing companies. Nirmala Sitharaman press conference: Union Finance Minister Nirmala Sitharaman addressed a press conference in Panjim, Goa on September 20, 2019. The Finance Minister announced that the Government has proposed to slash the corporate tax rates…