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Reduce corporate tax to 25%, ASSOCHAM to Govt

Nov 18, 2016, at 10:03 pm

New Delhi, Nov 18 (IBNS): In its pre-Budget presentation with the Finance Ministry, the ASSOCHAM has sought immediate reduction in the corporate tax to 25% to attract more investment in the country while for driving the consumption led demand, income tax for individuals should also be reduced along with upward revision in the exemption limit upto Rs 5 Lakhs.

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