Corporation tax is a tax imposed on the net income of the company. Finance Minister Nirmala Sitharaman on September 20 slashed the effective corporate tax from 30 percent to 25.17 percent, inclusive of all cess and surcharges for domestic companies. However, the move, effective from April 1, is subject to the condition that they will not avail any other incentive or exemptions.

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Karnataka To Raise Retirement Age of Doctors? Congress Government Mulls Increasing Age for Medical Professionals in Super Specialty Hospitals
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Delhi House Fire: 3 People Safely Rescued After Massive Blaze Breaks Out in East Kailash, Video Shows Raging Flames
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US Plane Fire: American Airlines Plane Catches Fire at Denver Airport Gate; Passengers Evacuated on Slides (Watch Videos)
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IML 2025: Yuvraj Singh Smashes 7 Sixes As India Masters Thrash Australia Masters in Semifinals by 94 Runs To Enter Final