India cuts effective corporate tax rate to 25.75% to revive investment

India cuts effective corporate tax rate to 25.75% to revive investment: PANAJI, India: Indian Finance Minister Nirmala Sitharaman announced a slew of measures on Friday to revive sagging investment in Asia’s third largest economy including a cut in corporate taxes. Sitharaman told a news conference that the effective corporate tax rate will be lowered to 25.75 percent from 30 percent, which she said would be at par with Asian peers. The government

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