Business Standard

Corporate tax for small companies reduced to 25%

Big companies could feel let down

Corporate tax for small companies reduced to 25%
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BS Web Team New Delhi
Corporate tax will be reduced to 25 per cent for companies with revenues of less than Rs 50 crore a year, Finance Minister Arun Jaitley announced on Wednesday. 

While small companies will be happy over the relaxation, its a big let own for the big boys. 

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