Affordable housing has been the buzzword in Indian real estate sector for the last few years.
Economists have been suggesting bold steps in order to improve tax revenues while remaining competitive. The move to reduce corporate taxes by Modi government is surely commendable.
Indian Stock Markets jumped after Finance Minister announced reduction in corporate tax.
Finance Minister made a surprise announcement on Friday about reducing corporate tax to 25.17 percent.
Corporate Tax Reduction is a major step in the right direction for Indian economy. This will not only boost popularity of Narendra Modi but will help business and economy in general.
Indian stock markets cheered the decision of cut in corporate taxes.
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