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    <title>Corporate Tax Reduce to 25% in Budget 2018</title>
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    <description>The budget reduces the corporate tax rate for a broad class of companies to enhance competitiveness and investment while retaining Minimum Alternate Tax but extending MAT credit carryforward. It broadens startup tax benefit eligibility by extending the incorporation window, raising the turnover threshold for benefit applicability, and enlarging the definition of qualifying businesses to include innovation-driven or scalable models. Administrative measures waive or reduce private company registration fees, limit charges largely to stamp duty, and promote incorporation via the SPICe form.</description>
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