With the tax cuts announced yesterday by Modi government, India’s corporate tax rate on manufacturers is now among the lowest in the world, comparable or even lower than business paradise destinations like Hong Kong or Singapore.
Announcing measures to boost growth in export and housing sector, Nirmala Sitharaman has expressed optimism saying that the signs of economic revival are very encouraging
The Home Ministry said that various NGOs and associations in India received nearly Rs.50,000 crore as foreign contributions over a period of three years from 2015-16 to 2017-18.
The Finance Ministry has even set up an air-conditioned waiting room where adequate seats and charging points are provided for electronic gear. Arrangements for tea and coffee have also been made. However, media persons have to seek prior appointments before entering the ministry premises.