Current Affairs - Economy - Discussion

Discussion :: Economy - Latest Current Affairs (Q.No.70)


What is the maximum limit of the entity, for whom the Corporate tax rate will be gradually cut to 25%?

[A]. Rs 100 crore
[B]. Rs 200 crore
[C]. Rs 400 crore
[D]. Rs 500 crore

Answer: Option C


Corporate tax rate for companies with over Rs 400 crore turnover will be gradually cut to 25% and the government will support wealth creators.

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