Announcement
20 Sep 2019
India has reduced the income tax rate for domestic companies.
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
1 in force
Implementation date
20 Sep 2019
Revocation date:
No revocation date
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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