Ramta JogiI welcome the step to slash corporate taxes by Govt of India. But, why not income taxes?
India's problem is lack of demand. Not lack of credit.
Demand can be spurned only when you put more money in the hands of people. By giving corp tax rebate, you are actually giving only a minor benefit to the industries. Because demand is still sluggish.
#SlashPersonalIncomeTax
India's problem is lack of demand. Not lack of credit.
Demand can be spurned only when you put more money in the hands of people. By giving corp tax rebate, you are actually giving only a minor benefit to the industries. Because demand is still sluggish.
#SlashPersonalIncomeTax