Jaitley’s MSME sops to benefit only few
Union Minister for Finance and Corporate Affairs Arun Jaitley has proposed a reduced rate of 25% to companies that have reported turnover up to Rs 250 crores in the financial year 2016-17.
Jaitley said that the estimated foregone revenue for the financial year 2018-19 due to this measure is Rs 7,000 crore. Image source: IANS