India Inc gets ~1.45L-cr boost, stocks skyrocket
New Delhi, Sept. 21 -- Finance minister Nirmala Sitharaman surprised India Inc with a gift of ~145,000 crore on Friday by reducing the corporate tax rate for domestic manufacturing companies from 30% to 22% and for new manufacturing companies from 25% to 15% in her fifth set of measures, but the first real fiscal stimulus, since August 23 to revive growth in a slowing economy....
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