India cuts corporation tax to 25.17% for domestic firms; Sensex up 1200 points
NEW DELHI: In a major fiscal booster, the government of India on Friday slashed effective corporatIon tax to 25.17 per cent inclusive of all cess and surcharges for domestic companies. Making the announcement, Finance Minister Nirmala Sitharaman said the new tax rate will be applicable from the current fiscal which began on April 1. Sitharaman […]