Is there a case for a lower tax rate? | India Development Debate
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On India Development Debate, As India slowly begins its economic activity, a case for a 15% corporate tax rate is slowly building up. Last September, the government had reduced the corporate tax rates. The effective corporate tax rate after giving up exemptions is 25.17%, and with exemptions, close to 28% . But, as the economy reels under the stress of this unforeseen crisis, a 15% corporate tax rate is expected to make Indian companies more globally competitive. The move will also attract more companies looking at moving from China. So, should the government look at further rate cuts? Tune in for the debate with Sangita Reddy, Joint MD, Apollo Hospitals & President, FICCI, Sandip Somany, Jt. MD, HSIL and Immediate Past President, FICCI, Rohinton Sidhwa, Partner, Deloitte India, Madan Sabnavis, Chief Economist, CARE Ratings and Tamanna Inamdar. Watch! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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