Big boost bh Govt
Cut in corporate tax to 22% is the boldest taxation reform by the govt. Will reignite corporate investment, bring back animal spirits in the economy, boost the stock market, stabilise the rupee. The fiscal deficit? A little slippage is acceptable in a growing economy with low inflation more
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It is one of the several steps under cosideration by Govt for faster development. Ground reports suggest slowdown is not as much as our bewades, paapu and haffttakhor goons are barking. more
Sep 22
Reduced taxes may not be a sufficient booster for FDI in India. Proper and encouraging work environment and facilities for phone, fax and internet, 24 x 7 x 12 are equally important. Availability of qualified/unskilled labor is equally essential, most of all their willingness to learn and adapt themselves... more
Sep 21
This is a good move for the supply side but without any move to bolster the demand side, the economy is not going anywhere. It is not a sufficient to start celebrating - much more needs to be done! more
Sep 20
As a engineer Entrepreneur and MD of my company, I could not understand the boldness in it. The corporate tax was either 30 or 25% and alternatively MAT was 15%. How it will boost the sentiments or consumption in market. The demand for manufactured goods is low because of flooding of competitive products. Kindly elaborate in simple day to day language. more
Sep 20
