Corporate tax exemptions with sunset clauses may not be renewed
In order to phase out exemptions and move to lower corporate tax rate, the CBDT is considering not to renew tax exemptions after expiry of sunset clause.
Sep 10, 2015, 19:54 PM ISTGovt to provide roadmap for ending corporate tax exemptions in 45 days
A road map to eliminate all tax exemptions and incentives for corporates will be unveiled in the next 45 days as a prelude to lowering of corporate tax rate to 25 percent over a four-year period, Revenue Secretary Shaktikanta Das Wednesday said.
Jul 01, 2015, 10:51 AM IST