Back to Career News

Rahul Gandhi Said This on NDA Govt’s Decision to Slash Corporate Tax Rate

September 23, 2019

Rahul Gandhi Said This on NDA Govt’s Decision to Slash Corporate Tax Rate

After finance minister Nirmala Sitharaman announced a sizeable cut in the corporate tax rate, Congress leader Rahul Gandhi said that it’s been done to boost the stock market ahead of Prime Minister Narendra Modi’s Howdy Modi event in Houston. He also said that the mess Modi has driven into can’t be hidden by any event.

Nirmala Sitharaman recently slashed the base corporate tax rate for existing companies from 30% to 22%. The same for new firms has been slashed from 25% to 15%.

Image Source

Recommended for you ...

Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners
Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners

September 26, 2024

Banks Report Over 15% Growth in New Credit Card Additions: RBI Data
Banks Report Over 15% Growth in New Credit Card Additions: RBI Data

September 26, 2024

National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank
National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank

September 25, 2024

Chat on WhatsApp