Prof K Nageshwar: Corporate Tax Lowered Down To America Level [HD] (Video)

         The new rates brings India closer, in some cases lower, to the rates prevalent in many of the emerging and industrialised countries. The new corporate income tax rates in India will be lower than USA (27 percent), Japan (30.62 percent), Brazil (34 percent), Germany (30 percent) and is similar to China (25 percent) and Korea (25 percent). New companies in India with an effective tax rate of 17 percent is equivalent what corporates pay in Singapore (17 percent).

https://www.moneycontrol.com/news/economy/policy/breaking-it-down-corporate-income-tax-rate-cuts-and-what-it-means-4460131.html

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Summary

Title

Prof K Nageshwar: Corporate Tax Lowered Down To America Level [HD] (Video)

Description

The new rates brings India closer, in some cases lower, to the rates prevalent in many of the emerging and industrialised countries. The new corporate income tax rates in India will be lower than USA (27 percent), Japan (30.62 percent), Brazil (34 percent), Germany (30 percent) and is similar to China (25 percent) and Korea (25 percent). New companies in India with an effective tax rate of 17 percent is equivalent what corporates pay in Singapore (17 percent). https://www.moneycontrol.com/news/economy/policy/breaking-it-down-corporate-income-tax-rate-cuts-and-what-it-means-4460131.html