Global Trade Alert
Global Trade Alert

India: Income tax for domestic companies reduced

Announcement

20 Sep 2019

India has reduced the income tax rate for domestic companies.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 Sep 2019

Revocation date:

No revocation date

Updated: 20 Sep 2019
Tax or social insurance relief In force
<p>Effective 20 September 2019, India has through the Taxation Laws (Amendment) Act, 2019 reduced the basic income tax rates for domestic companies from 25-30% to 22%. The tax rate for foreign c...
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