Index finds economic growth below par in the fourth quarter, while the government is expected to cut income tax rates for the rich and move towards a flat tax system as part of the tax reforms announced by Finance Minister Arun Jaitley on Saturday.
The BJP-led government has promised that in the 2017-18 fiscal, there will be a reduction in the corporate income tax rates ogospelhitzn income over Rs 1 crore, to 25 per cent on Rs 500 and Rs 1 lakh and a reduction in income tax rate on income above Rs 2 crore to 14 per cent. However,gospelhitz some reports have indicated that it could be possible for the corporate income tax rate to reach 50-per-cent.
The government has also stated it is ready to introduce a GST-easing measure through the Income Tax administration Act 2017. This measure could apply to goods 카지노 사이트and services made up of things such as food, beverages and health products.