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    HomeNewsOpinionBudget Snapshot | Corporate India benefits from falling tax rates

    Budget Snapshot | Corporate India benefits from falling tax rates

    The overall corporate tax to PBT has gone down as companies availed of the new tax regimes. But the larger companies still have an edge over the smaller ones

    Ravi Ananthanarayanan
    January 15, 2024 / 10:40 IST
    The budget documents show that the non-manufacturing or services sector has a much lower effective tax rate of 20.7 percent as of FY21, compared to 25.7 for manufacturing companies
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