Sairaj Iyer While most post-budget declarations by analysts declared that the budget was simple without much ambiguity, the one on corporate taxation seemed to take up a lot of discussion space as many felt that it could adversely impact the prospects of Make-in-India. Just to recollect the Finance Minister's announcement in his Budget speech, when referring to corporate tax rates, announced that the government would over a period of three years, phase out various tax exemptions for the corporate sector and at the same...
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