Letter To Editor

Will the Positivity Last Long?

As an investor, I am very happy with the bulls taking charge of the markets and many stocks showing recovery in share prices. I just wanted to ask if you think that the recently announced corporate tax cut will have a prolonged effect or is it a short-term celebration? - Partho Banerjee 

Editor Responds: Dear Sir, we thank you for writing to us. We believe that the corporate tax cut will have a positive impact in the long run as it will result in higher profits for the company which they can reinvest for further expansion. Also, with a lower tax rate in manufacturing, India can lure global investors to invest in India and set up manufacturing facilities in the country. The investment would also result in higher employment rate; consequently, higher disposable income and higher spending which would ultimately benefit in the revival of the economy. This will ensure that the stocks will be in demand going forward. 

Keep writing to us and thank you once again.