Question
What is the corporate tax rate for domestic companies in
India? ÂSolution
The corporate tax for domestic companies in India is 25% , which was continued in the Union Budget 2024-25. Â However, the 2024-25 Budget has reduced the tax rate for foreign companies from 40% to 35% which will result in more investments and foreign inflows. Â
Under the Production Linked Incentive schemes, how many jobs have been generated across the 14 covered sectors?Â
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