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

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.

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

first published: Mar 13, 2012 09:59 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Download MC Apps:

Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

English

Markets

News

Personal Finance

Mutual Funds

Commodities

Media

Invest Now

Specials

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.

Trending Topics

News

Markets

Personal Finance

Mutual Funds

Tools

Community

Network 18 Sites

Quick Links