Corporate taxes slashed: How axing the tax will help an ailing Indian economy

Union finance minister Nirmala Sitharaman announced a major tax slashes for domestic companies. For existing companies, it is 22% as against 30% and those who intend to start, will enjoy a tax benefit of 15% as against 25%.
 

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Union finance minister Nirmala Sitharaman announced a major tax slashes for domestic companies. For existing companies, it is 22% as against 30% and those who intend to start, will enjoy a tax benefit of 15% as against 25%. So what does this mean for an ailing Indian economy and what do industry experts feel about it? We give you more details on #SimplifiedBy