The retail industry has welcomed the budget, saying the Government's move to cut corporate tax for MSMEs will benefit the ecosystem, boost the rural sector and increase domestic consumption.
According to a PTI report: Besides, doubling of allocation of funds...
In his last full budget before general elections in 2019, Finance Minister Arun Jaitley reduced corporate tax for 99 percent of the companies to 25 percent.
In keeping with his earlier announcement of reducing corporate taxation rate to 25 per...