https://www.taxtmi.com/news?id=17396 Union Budget 2017-18 advances manufacturing and exports by introducing a reduced corporate tax rate for companies with turnover up to Rs. 50 crore, revising start-up tax exemption and loss carryforward conditions, proposing abolition of the FIPB with further FDI liberalisation, extending MAT credit carry forward to 15 years, increasing incentives for electronics manufacturing, correcting inverted duties across sectors, launching the Trade Infrastructure for Export Scheme (TIES), and allocating capital for multimodal logistics, station modernisation, tourism zones and skills schemes. en-us Thu, 02 Feb 2017 10:18:40 +0530 Thu, 02 Feb 2017 10:18:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17396 Union Budget 2017-18 advances manufacturing and exports by introducing a reduced corporate tax rate for companies with turnover up to Rs. 50 crore, revising start-up tax exemption and loss carryforward conditions, proposing abolition of the FIPB with further FDI liberalisation, extending MAT credit carry forward to 15 years, increasing incentives for electronics manufacturing, correcting inverted duties across sectors, launching the Trade Infrastructure for Export Scheme (TIES), and allocating capital for multimodal logistics, station modernisation, tourism zones and skills schemes. News - Thu, 02 Feb 2017 10:18:40 +0530 https://www.taxtmi.com/news?id=17396