A case for 15% corporate tax rate will improve India’s competitiveness. Here’s why

Jun 10, 2020

(This story originally appeared in on Jun 10, 2020)

In September last year, the government had reduced the corporate tax rate to 22% for companies that gave up all exemptions and incentives.
Further, a 15% rate was offered to new manufacturing firms. That rate could become applicable to all companies. It will improve India’s competitiveness and compensate for other disadvantages.
We explain why.

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