New Delhi unveils sops for foreign investors in taxes and tariffs ...News

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New Delhi unveils sops for foreign investors in taxes and tariffs
Modi-led government has made a host of changes in corporate taxation for global companies and has slashed some customs tariffs  The government of India tabled its budget for the current financial year (2024-2025) in Parliament on Tuesday, announcing a slew of measures that would ease doing business in India for foreign investors.  In her budget address to fellow lawmakers, Finance Minister Nirmala Sitharaman said the government has proposed slashing the corporate tax rate applicable on foreign companies from 40% to 35%, creating a “level playing ground” with domestic players (it has progressively reduced corporat

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