Budget 2019 I Major boost for start-ups, Corporate tax reduced I Analysis
Updated on Feb 25, 2020 09:02 am IST
With Union Finance Minister Nirmala Sitharaman announcing tax relief for corporates in her debut Union Budget, Sameer Gogia, Director, Deloitte India, and Rupak Saha, Tax Partner, PricewaterhouseCoopers, discuss the impact on the corporate sector. Apart from reducing tax to 25% on companies with annual turnover up to Rs 400 crore, the government also announced a slew of measures for micro, small and medium enterprises. Sitharaman said that the decisions were aimed at releasing the 'entrepreneurial spirit' in India. Watch the full video to know more.
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