Effective Corporate tax rates across globe now: INDIA 25.17% CHINA 25% USA 21% Over 2.5lakh companies paid over 25% effective tax rate last year 2017-18 now to benefit from this move. 1.45 lakh crores is the cost estimated (Revenue loss) becoz of these sops.

Close to 7lakh crore added to market cap becoz of big bang Corporate stimulus announced by

@nsitharaman

Basic corporate tax rate cut to 22% from 30%. Effective tax rate inclusive of surcharge and cess now @ 25.17%