https://www.taxtmi.com/news?id=19496 A budgetary measure reduces the corporate tax rate to 25% for companies whose turnover did not exceed the prescribed threshold in the relevant financial year, extending the lower-rate bracket to the vast majority of filing companies while leaving only companies above the threshold in the higher-rate slab; the concession is presented with an estimated revenue forgone for the budget year. en-us Thu, 01 Feb 2018 15:13:06 +0530 Thu, 01 Feb 2018 15:13:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19496 A budgetary measure reduces the corporate tax rate to 25% for companies whose turnover did not exceed the prescribed threshold in the relevant financial year, extending the lower-rate bracket to the vast majority of filing companies while leaving only companies above the threshold in the higher-rate slab; the concession is presented with an estimated revenue forgone for the budget year. News - Thu, 01 Feb 2018 15:13:06 +0530 https://www.taxtmi.com/news?id=19496