Lok Sabha passes Bill to effect corporate tax reduction

The Lok Sabha on Monday passed a Bill to replace an Ordinance for effecting reduction of corporate tax rates. In the biggest reduction in 28 years, the government in September slashed corporate tax rates up to 10 percentage points as it looked...

Lok Sabha passes Bill to effect corporate tax reduction
The Lok Sabha on Monday passed a Bill to replace an Ordinance for effecting reduction of corporate tax rates. In the biggest reduction in 28 years, the government in September slashed corporate tax rates up to 10 percentage points as it looked to pull the economy out of a six-year low growth with a Rs 1.45 lakh crore tax break.