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#523087
Fri 20 Sep 2019 08:18:PM
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Joined: Feb 2001
Posts: 381,903
Launch Director
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OP
Launch Director
Joined: Feb 2001
Posts: 381,903 |
The govt on Friday announced a Rs 1.45 lakh crore fiscal stimulus that includes slashing corporate tax to 22% from 29.5% for companies that do not seek exemptions, cutting down MAT & lowering tax to 15% for manufacturing start-ups. The govt has opted to promulgate an ordinance to usher in amendments to the Income Tax Act & Finance Act, in what many billed as a “mini Budget.” Source: ‘3rd Budget’ in 7 months— and the biggest
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