Budget 2018: In boost to MSME sector, FM Jaitley announces tax cut for companies with turnover below Rs 250 crore

Published: 1/02/2018
Budget 2018: In boost to MSME sector, FM Jaitley announces tax cut for companies with turnover below Rs 250 crore
Source: WWW.DNAINDIA.COM

In its attempt to boost Micro, Small and Medium Enterprises (MSME) sector, hit by twin blow of demonetisation and the Goods and Services Tax (GST), the government today has cut the corporate tax to 25% from current 30% of companies with a turnover of up Rs 250 crore.

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