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Corporate Tax Reduce to 25% in Budget 2018

Corporate Laws / Banking / SEBI - By: - Ankush Sachdeva - Dated:- 6-2-2018 Last Replied Date:- 6-2-2018 - The finance ministry has a plan to bring companies with ₹ 100-500 crore revenue under the 25% corporate tax bracket from 2018-19.The tax r .....

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investments to the country. A reduced and stable corporate tax rate will facilitate ease of doing business and give an momentum to Startup India and Make in India initiative.Mr.Arun Jaitley in 2015 first proposed to cut corporate tax from 30% to 25% .....

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7,200 crore per annum for this for this measure.the Finance Minister refrained from removing or reducing Minimum Alternate Tax (MAT), a popular demand from India Inc., but provided a higher period of 15 years for carry forward of future credit claims .....

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able to those startups where incorporation has been done on or before 1st april 2019 but before 1st April 2021. 2. Total turnover of its business does not exceed 250 Million INR would apply to 7 previous year commencing from date of registration. 3. .....

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