Saturday, February 1, 2020

Budget 2020: Govt. proposes Concessional Tax Rate for Electricity Generation Companies

With an intent to boost Electricity Generation sector, the Union Budget 2020 has proposed the Concessional Tax Rate for Electricity Generation Companies. New provisions were introduced in September 2019, offering a concessional corporate tax rate of 15% to the newly incorporated domestic companies in the manufacturing sector which start manufacturing by 31st March 2023. In […]

The post Budget 2020: Govt. proposes Concessional Tax Rate for Electricity Generation Companies appeared first on Taxscan | Simplifying Tax Laws.



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