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Description
On 23 July 2024, the Indian government through the "Finance (No. 2) Bill, 2024" reduced the corporate income tax for foreign companies from 40% to 35%. The Finance Bill was approved and notified on 16...
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Intervention Details
Intervention Type
Tax or social insurance relief
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
16 Aug 2024
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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