- Global site
- Africa
- Americas
- Asia Pacific
- Europe
- Middle East
Consumer, Retail & E-commerce Home
Union Budget 2022
Budget 2022: Five Key Announcements To Boost Consumer Sector
Naveen Malpani writes on how the tabled budget is expected to provide an impetus for consumer and retail sector growth, with a vision to steer the economy for the next 25 years.
Automotive and Manufacturing Home
Publication
Auto Byte - May 2022
Auto Bytes May 2022 delves deep into the automotive industry’s readiness towards going local and making investments
Over the past five years, the government of India has brought in various tax and regulatory changes to attract investment while simultaneously bolstering growth.
A key tax development recently has been the promulgation of the Taxation Laws (Amendment) Ordinance, 2019 (Ordinance). The Ordinance significantly reduces the existing corporate tax rates (CTR) and Minimum Alternate Tax (MAT) rates.
Reduction in CTR had been a long-standing demand by the Indian corporate sector. It aligns the tax rates with those of several developed economies. It also makes India a very attractive investment destination particularly for setting up manufacturing operations.
This publication compares India’s tax rates with the tax rates in key economies.
Also appears under...