Friday (September 20):  Finance Minister Nirmala Sitharaman today announced government has slashed effective corporate tax to 25.17 per cent inclusive of all cess and surcharges for domestic companies. The changes in the Income Tax Act and Finance Act will be made effective through an ordinance. The new tax rate will be applicable from the current … Continue reading Major Fiscal Boost: Govt to slash corporate tax to 25.17 per cent