India Needs Single Corporate Tax Rate Of 25%: KPMG

India Needs Single Corporate Tax Rate Of 25%: KPMG

The government recently announced that tax rates for companies with over Rs 400 crore turnover will be gradually cut to 25 per cent.

Corporates | | Updated: August 25, 2019 16:44 IST
India Needs Single Corporate Tax Rate Of 25%: KPMG

The KPMG report also said that the tax rate for foreign companies should be correspondingly lowered.