Budget expectations: Bengal Chamber wants corporate tax structure reduced to 28 per cent
Kolkata, Jan 31 (IBNS): The Bengal Chamber of Commerce and Industry, a Kolkata-based chamber of commerce, has put forth its expectations from the Union Budget 2018.
Major expectations include:
1. Corporate tax structure to be reduced to 28 per cent from the existing 30 per cent
2. Significant public capital investment in infrastructure in the areas of pre and post harvest technologies leading to faster growth in agriculture. In addition, this is expected to generate lot of employment and value creation.
3. Provide directions to incentivise stronger linkages of FDI with Value Chains.
The tabling of the Union Budget 2018 in the Parliament is scheduled for Feb 1, Thursday.
Image: Bengal Chamber Website
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
