India Corporate Tax Cut To 25.2% from 35% To Spur Growth

India cuts corporate tax rate to 25% from 35% to make it globally competitive and to spur growth and prevent a recession.

Manufacturing companies that make new investments can also pay only 15% corporation tax.
This makes the rates competitive with China, Korea in Asia and is more inline with US, Canada etc.

Corporate Tax Cut To 25.2% To Spur Growth, Markets Celebrate: 10 Points