Govt plans rejig in personal tax slabs to boost spending – Hindustan Times
- Press Release|
- < 1 minute
- By Taxmann
- Last Updated on 28 October, 2020
Naveen Wadhwa, DGM, Taxmann.com explained: “The need for such a move by pointing out that the cut in corporate tax will help manufacturing companies, but may not help boost consumer demand. If more income is available at the disposal of the taxpayer, it will propel the consumption. Thus, the government should consider reducing personal tax rates.”
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