Bill passed in Lok Sabha to reduce corporate tax to 22%

Last updated: 03 December 2019

Lok Sabha passed Taxation Law Amendment Bill 2019 on the 2nd of December 2019 to give effect to reduction in Corporate Tax. The corporate tax rate has been reduced to 22 percent from 30 percent for the domestic companies and to 15 percent from 25 percent for new manufacturing firms incorporated afte

You have reached daily limit of 2 Free News. To view this or other News please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)

CCI Pro

Category Income Tax   Report

Comment   Share
  2877 Views
Comments

Recent News :

  1. DGGI Interrogates Mumbai-based CA Inside Bhubaneswar Jail in Rs 325 Crore GST Fraud Probe
  2. Centre Plans Auto-Populated GSTR-3B to Curb Fake ITC by 2026
  3. UPS Option Deadline Nears: Govt Urges NPS Subscribers to Apply by 30th Nov 2025
  4. FM Directs MCA to Strengthen E-Governance, Fast-Track Mergers and Improve Service Delivery
  5. MCA Plans Big Relief for Micro Companies: Statutory Audit Likely To Be Optional Up to Rs 1 Crore Turnover
  6. MGST Issues Circular Waiving Late Fees for October 2025 MVAT & PT Returns
  7. West Bengal GST Department Issues Framework for Selecting Taxpayers for Audit Under WBGST Act, 2017
  8. GST Refund Delays Hurt Punjab Industry, FICO Pushes for Automated System
  9. SIT Busts Rs 400 Crore GST Evasion Racket, 144 Shell Firms Linked to Job Scam Exposed
  10. Centre Expects Mild Tax Shortfall After GST Cuts, Non-Tax Revenue to Bridge Gap

More »


Popular News




CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us

Browse by Category