Phasing out plan of government to reduce corporate tax from 30% to 20%

November 20, 2015 Income Tax 0

The Finance Minister in his Budget Speech, 2015 indicated that the rate of corporate tax will be reduced from 30% to 25% over the next four years along with corresponding phasing out of exemptions and deductions. This is a step towards simplification of tax laws, which is expected to bring …

How does the Government spend tax money?

March 31, 2015 Economy 3

The Union government gets Rs.17,83,172 Crore to spend! Looks like a lot of money, isn’t it? Even with so much money, why don’t we get electricity 24/7, good roads and public utilities? A natural question that any citizen of this country will have. Agree? Income Tax and Corporate …

Simplified Laws Guide to Taxation and Legal Concern

Tag Archives: Corporate Tax

Phasing out plan of government to reduce corporate tax from 30% to 20%

How does the Government spend tax money?

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