Modi government is about to give big relief to the corporate sector

New delhi date. 21. Wednesday August 2019

To accelerate the slowing economy, the Modi government is considering giving big relief to the corporate sector.

It is believed that a government panel recommended reducing corporate tax from 30 percent to 25 percent for all companies.

It is worth mentioning that in the budget, Finance Minister Nirmala Sitaram has given tax relief to companies with turnover of up to 400 crores. This report has not been made public yet and this report The Finance Ministry is not saying anything at this stage.

India is one of the countries in the world where the corporate tax is highest.