IMF Backs Govt Move To Cut Corporate Income Tax, Says 'Will Help Revive Investment'

The International Monetary Fund on Friday supported India's recent decision to reduce corporate income tax, saying it has a positive impact on investment. It, however, said India should address continued fiscal consolidation and secure long-term stability of the fiscal conditions. "We believe India still has limited fiscal space so they have

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The International Monetary Fund on Friday supported India's recent decision to reduce corporate income tax, saying it has a positive impact on investment. It, however, said India should address continued fiscal consolidation and secure long-term stability of the fiscal conditions. "We believe India still has limited fiscal space so they have