Budget should give boost to downstream chemical industry: Shilip Kumar

With numerous expectations and curiosity around what is in it for various stakeholders, India’s 2017-18 budget is one of the most sought after events. Global economic uncertainties, US elections, Brexit and demonetization have been some of the key developments which took place in 2016.  These will be considered when the Union Finance Minister of India, Arun Jaitley, tables his budget on the morning of February 1, 2017. We hope some of our expectations are considered in the budget.

Reduce corporate tax rate to 25 percent 

Topping the budget wish list of India Inc is the request to reduce corporate tax by at