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Old 06-02-2016, 10:12 PM
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roll Corporate tax rate to be cut to 28%

In a bid to boost investments and spur growth, finance minister Arun Jaitley is likely to cut the basic corporate tax rate to 28% from the existing 30% in the Union Budget to be unveiled on February 29.

This would be the first phase of the plan announced in the last Budget to reduce corporate tax rate to 25% over the next four years.

http://www.dnaindia.com/money/report...-to-28-2174394
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