Announcement
20 Sep 2019
India has reduced the income tax rate for domestic companies.
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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
Announced: 20 Sep 2019
Tax or social insurance relief
In force
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 companies ...
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