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Corporate Tax rate slashed to 25% ; small cap index flat to positive

Neerja Agarwal 0 2075 Article rating: No rating
Market was expecting the corporate tax rate to go down in the pre-election budget and benefit the companies. With focus on the budget for the MSME companies, finance minister gave big tax relief by slashing corporate tax rate to 25% from 30% earlier for FY18-19 for companies with revenue upto Rs.250cr.
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