India's corporate tax cut: A defining moment for the next decade?
'Radical' cuts could pay off domestically
The stability of the rupee is testament to the fact investors would rather see reform and growth
September 2019, and specifically the corporation tax cut announcement in India, could be looked back upon as the defining moment that set up the country's economic growth acceleration for the next decade.
Corporation tax (base rate) has been cut from 30% to 22% and to 15% from 25% for any new manufacturing company that commences operations. While India has grown at a rapid pace over the past few decades,...
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