CORPORATE TAX CUTS BOOSTING ECONOMY ??
INDIAN GOVERNMENT has recently announced cuts in corporate tax as a means to attract more and more investors and companies to India by making it worthwhile to invest in India and increase their business as after the announcement of the financial budget the growth of Indian economy slowed quite a bit and after that recession hit which is causing joblessness in the economy.
To counter that and to increase trade financial minister has incorporated tax cuts to help the Indian economy be more attractive to investors
The Indian economy has grown lowest of 6 years and with rupee at 71 against dollar its a sure sign of an economic slowdown
with investment banks such as Goldman sach and bank of America rating Indian market growth as low as 5 % it is a worrisome time
in addition to this home, loans are being made cheaper along with line of credit being extended to banks to improve the flow of cash in the economy.
with banks being provided enough cash to cover NPA's it has started to improve the economy a bit but there's a long way to go
To counter that and to increase trade financial minister has incorporated tax cuts to help the Indian economy be more attractive to investors
The Indian economy has grown lowest of 6 years and with rupee at 71 against dollar its a sure sign of an economic slowdown
with investment banks such as Goldman sach and bank of America rating Indian market growth as low as 5 % it is a worrisome time
in addition to this home, loans are being made cheaper along with line of credit being extended to banks to improve the flow of cash in the economy.
with banks being provided enough cash to cover NPA's it has started to improve the economy a bit but there's a long way to go
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