Friday, July 5, 2019

Union Budget proposes 25 % Corporate Tax extended to Companies with Annual Turnover up to Rs. 400 crore

The Union Budget 2019-20 has proposed to extend the lower rate of 25 % Corporate Tax to all companies with annual turnover up to Rs. 400 crore.  Currently, this rate is only applicable to companies having annual turnover up to Rs. 250 crore. Presenting the General Budget 2019-20 in the Parliament today, the Union Minister […]

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