Posted on September 20, 2019

Corporate Tax Rate Slashed

Nirmala Sitaraman, FM, gave a surprise gift to corporate world by binging down corporate tax to 22% effectively now its 25% against 35% albeit without opting for other concessions. This will increase Nifty EPS surely and the market has therefore boomed by adding more than 550 points to Nifty which now stands above 11300. I … Continue reading