Cut in corporate tax rate important for investments: CEA Krishnamurthy Subramanian

For the last few quarters the cycle of growth has not been as it was earlier, he said at an event here and added that "corporate tax rate is important for investments". India's economy grew at 5 per cent in the first quarter of 2019-20 -- the slowest pace in over six years. The second-quarter GDP number is scheduled to be announced later today.

from Economy-News-Economic Times https://ift.tt/2KYUAnl