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    HomeNewsOpinionComment | The effective tax rate stands between India Inc’s creamy layer and a lower tax rate

    Comment | The effective tax rate stands between India Inc’s creamy layer and a lower tax rate

    Every Budget brings hope that the corporate tax rate will be cut, as promised. Till the effective tax rates for big companies remain well below the statutory rate, a sweeping cut looks unlikely.

    Ravi Ananthanarayanan
    January 31, 2019 / 07:11 IST
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