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Last Updated : Sep 23, 2019 03:37 PM IST | Source: Moneycontrol.com

3-Point Analysis | Markets rejoice cut in corporate taxes

Sakshi Batra does a 3-Point Analysis of the impact of reduced corporate rates on broad sectors of the economy and equity markets.

Moneycontrol News @moneycontrolcom

Finance Minister Nirmala Sitharaman announced on September 20 that corporate tax will be cut to bring the effective rate to 25.17%.

The tax cut provided a major boost to the market which was struggling due to an economic slowdown.

Sakshi Batra does a 3-Point Analysis of the impact of reduced corporate rates on broad sectors of the economy and equity markets.

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First Published on Sep 23, 2019 02:57 pm
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