https://www.taxtmi.com/forum/issue?id=108218 Personal income tax rates will be maintained at their current structure over the medium term, with no near-term changes to individual tax slabs despite limited increases in exemption limits. Simultaneously, corporate tax rates will be reduced in equal phased steps beginning in the next fiscal cycle, and industry-specific exemptions will be eliminated or withdrawn to reduce litigation and simplify the tax base while promoting investment and reinvestment. en-us Mon, 09 Mar 2015 10:31:20 +0530 Thu, 23 Jan 2025 15:56:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108218 Personal income tax rates will be maintained at their current structure over the medium term, with no near-term changes to individual tax slabs despite limited increases in exemption limits. Simultaneously, corporate tax rates will be reduced in equal phased steps beginning in the next fiscal cycle, and industry-specific exemptions will be eliminated or withdrawn to reduce litigation and simplify the tax base while promoting investment and reinvestment. Discussion-Forum Income Tax Mon, 09 Mar 2015 10:31:20 +0530 https://www.taxtmi.com/forum/issue?id=108218