Our finance minister ms. Nirmala sitharaman announced it that their would be a cut in the corporate tax. Will this thing benefit India? If it benefits then will it be in short term benefits or long term benefits? The financial experts would rather say it is a good move and would help India in a longer run.
This move will help the businesses to function more effectively then previous times. Other possibilities of the steps to be taken to accelerate the Indian economy which has been going down time and again could be Cut in GST slabs or income tax cuts. But both of these would give us a short term boost to the economy and these two steps will make sure that the people of India have more income to spend with them and it will also stablize the prices in the market. But then their would have been no long term impacts and the economy would come back to the same position after a steep rise.
So what you guys think. Good move or bad? #finance #Gst #corporate #corporatetax #nirmalasitharaman #trendingnews #news #talkoftheday #economy #boost
Anupam 