PM Modi describes corporate tax rate cut as historic

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New Delhi: The corporate tax rate cut is historic as this will be helpful for the economy to make rapid strides, Prime Minister Narendra Modi has said.

PM Modi said the economic announcements made in the past few weeks would help India become a better place to do business.

This would help create jobs and enhance competitiveness of the private sector which will be a “win-win” situation for the country, the Prime Minister said.

The PM tweeted: “The step to cut corporate tax is historic. It will give a great stimulus to Make in India, attract private investment from across the globe, improve competitiveness of our private sector, create more jobs and result in a win-win for 130 crore Indians”.

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