Non reduction of headline tax rates a major disappointment
01 Feb 2017
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Milind Kothari: managing partner & head of direct tax, BDO India
Non reduction of headline tax rates will be a major disappointment to many. Nearly everyone expected that the Budget will reduce the corporate tax rate that would have helped India align to the rest of the world regime where the tax rates are constantly dropping. To win more investment, India needs to compete with the rest of the world economies, including emerging economies
