New Delhi: Minister of Finance Nirmala Sitharaman on Saturday asked India investment to invest in the economy so that the righteous cycle kicked.
Referring to the government’s decision to cut the company’s tax rates, he said, the government also opened many sectors including atomic energy including atomic energy including atomic energy including.
And space.
The government in September 2019 cuts the company’s tax rate for companies that do not use tax incentives, up to 22 percent.
New manufacturing companies must pay at a company tax rate which is 15 percent lower.
The 2022-23 budget is presented on February 1, which is proposed that the company’s tax rate is 15 percent of the concession will be available for another year until March 2024 for the newly included manufacturing unit.
Overcoming CII members, he said the industry must quickly join the government to help the virtuous cycle of gain traction and encourage growth.
Sitharaman urges India Inc. to open their wallet to encourage growth
