Global Trade Alert
Global Trade Alert

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India: Trade implications of the 2018-19 budget

Description

The corporate income tax rate has been reduced for domestic companies that have a turnover of less than INR 2.5 billion from 30% to 25%. The tax rate has been left unchanged at 40% for foreign compani...

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Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

01 Feb 2018

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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