Close [X]
Personal Finance »Taxation»Taxation Details
Taxation Details
Back

Corporate tax for small companies reduced to 25%

BS Web Team / New Delhi 01 Feb 17 | 12:45 PM

Corporate tax will be reduced to 25 per cent for companies with revenues of less than Rs 50 crore a year, Finance Minister Arun Jaitley announced on Wednesday. 

While small companies will be happy over the relaxation, its a big let own for the big boys. 

Widgets Magazine
Widgets Magazine

Sensex

Company Price Gain (%)
ICICI Bank274.802.90
St Bk of India276.052.81
GAIL (India)381.251.17
ITC281.051.13
Reliance Inds.1,286.200.95

Poll

Are banks justified in charging customers for cash transactions in their own accounts?



Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine