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Budget 2012: We need a lowering of headline rates, says ICRIER

I would also look for lowering of headline rates. Our rates of taxes have been brought down, but our corporate income tax rate is still quite high in international comparison. So, we need a lowering of headline rates. At the same time, we need to get rid of selective incentives.

March 13, 2012 / 22:03 IST

Finance Minister Pranab Mukherjee will announce the Union Budget on March 16. Parthasarathi Shome

first published: Mar 13, 2012 09:59 pm

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