News > Reduction in Corporate Taxes likely to boost 'Make in India Initiative': Survey

Reduction in Corporate Taxes likely to boost 'Make in India Initiative': Survey

Moneycontrol | 04/03/2020 12:43 PM | Click to read full article

More than 75% of respondents felt that this action will support startups and attract more funding from venture capitalists. Consistent with support for startups, respondents overwhelmingly felt that the action would support PE activity in India. With the current downward revision of GDP growth for India, the tax rate cut has provided a boost to the economy.

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