The Finance Minister said the effective corporate tax rate will be lowered to 25.17 per cent from 30. up 2.22 per cent,
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The government on Friday slashed corporate taxes in a surprise $20.5-billion break aimed at reviving private investment,
India has cut its effective corporate tax rate to 25 per cent from an earlier rate of 35 per cent. Also, a new tax rate of 15.
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