Here are some of the key announcements:
Govt proposes to slash corporate tax rate for domestic tax rate
Ordinance regarding this has already been passed
Corporate tax rate to be 22% without exemptions
Effective tax rate to be after surcharge to be 25.17%
Enhanced surcharge announced in Budget shall not apply on capital gains arising on sale of any securities including derivatives in the hands of foreign portfolio investors
By: via @AlliesFin Serve T.ME/ALLiESFiN
