Corporate tax slashed to 30 pc; surcharge up four times.
Publication: PTI - The Press Trust of India Ltd.
Publication Date: 28-FEB-05
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New Delhi, Feb 28 (PTI) The Indian Budget for 2005-06 presented in Parliament Monday kept tax rates and surcharge on foreign componies unchanged at 40 pc and gave an effective relief of three per cent to domestic corporate sector.
Acceding to the long-pending demand of Indian Industry, Finance Minister...
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