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Description
On 23 July 2024, the Indian government through the "Finance (No. 2) Bill, 2024" announced an incentive for foreign firms by reducing the corporate income tax rate from 40% to 35%. The Finance Minister...
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Intervention Details
Intervention Type
FDI: Financial incentive
MAST Chapter
FDI measures
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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