Sitharaman wields the tax axe
By dramatically slashing corporate taxes, India’s gritty Finance Minister has given a big boost to India’s private sector and brings the country closer to becoming a low-tax, high-efficiency economy that the Modi government aspires for, writes India Inc. Founder & CEO Manoj Ladwa. The recent cuts in corporate tax and minimum alternative tax rates by Indian Finance Minister Nirmala Sitharaman will provide a much-needed stimulus for companies in India. It may well also help the country attract companies that are [...]