A case for 15% corporate tax rate will improve India’s competitiveness. Here’s why

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(This story originally appeared in on Jun 10, 2020)

In September last year, the government had reduced the corporate tax rate to 22% for companies that gave up all exemptions and incentives.
Further, a 15% rate was offered to new manufacturing firms. That rate could become applicable to all companies. It will improve India’s competitiveness and compensate for other disadvantages.
We explain why.

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