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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. 

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Company Price Gain (%)
ITC290.653.36
M & M1,350.553.29
H D F C1,585.002.36
Hind. Unilever940.501.78
ICICI Bank276.951.61

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