Corporate tax for cos to be cut gradually: FM

Finance minister Nirmala Sitharaman on Monday said corporate tax rate for companies with over Rs 400 crore turnover will be gradually cut to 25 per cent and the government will support wealth creators. Echoing Prime Minister Narendra Modi's...

Corporate tax for cos to be cut gradually: FM
Finance minister Nirmala Sitharaman on Monday said corporate tax rate for companies with over Rs 400 crore turnover will be gradually cut to 25 per cent and the government will support wealth creators. Echoing Prime Minister Narendra Modi's Independence Day speech, she said Indian wealth creator entrepreneurs will be given all kind of support.