Tamil Nadu Small & Tiny Industries Association (TANSTIA) has sought a decrease in interest rates for MSMEs from the forthcoming Budget. The cyclone hit state has urged the government to help tiny industries cope up with the losses incurred by Vardah by way of a single rate of interest, and th…
Tag: Budget 2017
Budget 2017: Arun Jaitley says India needs globally compatible tax rates
Ahead of the Union Budget, Finance Minister Arun Jaitley has pitched for a lower level of taxation that is globally compatible. This, according to him, is necessary if the country has to have a broader base of economy. He said gone are the days of the philosophy that high taxation will bring grea…