Trinamool MP Mahua Moitra says Taxation Bill will help 'profitable become more profitable'
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New Delhi, Dec. 2 -- All India Trinamool Congress (AITC) member Mahua Moitra on Monday charged that the Taxation Laws Bill will only help the 'profitable become more profitable' and nothing to revive a very large part of struggling economy.
"The corporate tax cut that you have proposed only helps the profitable become more profitable. It does not do anything to revive a very large part of this economy which is struggling,'' she said during the debate on the Taxation Laws (Amendment) Bill, 2019 in the Lok Sabha.If this bill was really to help everybody, especially the MSME sector, then the tax rate reduction should apply to all entities, she said, adding that it should not apply to just the companies, it should apply to LLPs, partnership ...
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