US corporate sector hails India’s move to slash income tax rate for firms

The US’ corporate sector has lauded the Indian government for substantially slashing the income tax rate to 25.17 per cent, saying the move will reverse the economic slowdown and allow global companies a “good option” for growing their manufacturing base in the country.
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India, Uzbekistan to establish Business Council

India and Uzbekistan will set up a Business Council, with industry bodies of the two countries signing an agreement to create a new B2B structure which will develop a road-map for increased cooperation and mutually beneficial partnerships, a statement said. Continue Reading