Thursday 17 December 2020

Advance Corporate Tax Mop-up Jumps 49 Per Cent to Rs 1.09 Lakh Crore in Q3: CBDT Source

The increase can primarily be attributed to the low-base last fiscal when the government had slashed corporation tax rates to a record low of 25 per cent in the Q3, leading to lower tax payout by companies.

from Top Business News- News18.com https://ift.tt/2WofAZY
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