British PM candidate Rishi Sunak vows to slash 20% income tax by 2029
Rishi Sunak said each penny cut from the rate of income tax would cost around 6 billion pounds ($7.3 billion) a year, a figure that he said would still allow Britain`s debt-to-GDP ratio to fall, if the economy grows in line with official forecasts.
Aug 01, 2022, 09:24 AM IST
Personal I-T base must be up before corporate tax cut: Hasmukh Adhia
Two years after it announced plans to reduce corporate tax rate to 25 percent, the government on Saturday said any such reduction can come after the spread of personal income tax is increased and more people pay taxes.
Feb 04, 2017, 16:02 PM IST
