Corporate tax from 30 to 25-Budget 2015 - Business & Economy - General Economy - TIK Share

Corporate tax from 30 to 25-Budget 2015


CA Pulkit Sharma

2015-02-28

In the budget speech of 2015, Mr. Arun Jetley has proposed to reduce the corporate tax rates from 30% to 25%. However, various exemptions available are subject to being taken away.

Still we need to look at the exemptions which no more will be available.

Rahul Rai

2015-02-28

This is good move as taxation on Indian company was higher compared to world tax average. Finance minister was silent on tax on foreign companies. I believe it is same and government want foreign companies to establish a subsidiary in India instead of branch of laison office.

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