 "Finance Minister Nirmala Sitharaman with MoS Finance Anurag Thakur (right) at a meeting in New Delhi on Friday. Photo: PTI")
Finance Minister Nirmala Sitharaman on Friday assured industry of cutting the corporation tax rate to 25 per cent across the board once it gets comfort on revenues, and that direct tax laws would be simplified after the task force submits its report later this month.
Addressing members of the Confederation of Indian Industry (CII), the finance minister said she would be travelling to tier 2 cities to understand the issues of harassment faced by corporates from tax officials.
Sitharaman talked about the cordial relationship between North Block and Mint Road. “We have an atmosphere of certainty and cordiality between the RBI (Reserve
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