Corporate tax rate cut will accelerate industrial activity and bolster investment across all sectors: Varun Kapur
Varun Kapur, Executive Director, Travel Food Services, said "The recent announcement of relaxing corporate tax rate is a bold move by the government which will accelerate industrial activity and bolster investment across all sectors. It is bound to increase capital formation in the country, leading to business expansion and job creation."
The corporate tax rate has now been brought at par with many emerging economies and countries in South East Asia. Representational Image, source: Pixabay