Business Standard

1% Corporate Tax Surcharge May Go

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BUSINESS STANDARD

The government is likely to remove the 1 per cent surcharge on corporate tax introduced last December as contribution to the corpus of National Calamity Contingency Fund in the forthcoming Budget.

This coupled with the removal of the 2 per cent Gujarat surcharge announced through an ordinance a few weeks before the last year

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First Published: Nov 08 2001 | 12:00 AM IST

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