financial services · income tax return · Taxation

Finance Minister reduces Corporate Tax to stimulate economy growth

The Finance Minister, Mrs. Nirmala Sitharaman on 20th September has taken a new decision for the Indian economy by unveiling a tax bonanza for Indian Companies. As per the historic move, Nirmala Sitharaman announced a deduction in the country’s corporate tax rate to 22% (effective rate of 25.17% including cess and surcharge) for existing firms,… Continue reading Finance Minister reduces Corporate Tax to stimulate economy growth