Budget 2019 proposes to lower 25% tax for more firms, industry says not enough
Budget 2019: The proposal, however, received mixed reactions from the industry as it expected lowering of corporate tax for all the firms irrespective of their annual turnover.
Companies with annual turnover of up to Rs 400 crore would attract lower corporate tax of 25 per cent with the Union Budget proposing to extend the benefit to these firms. Image source: Twitter/PIB