India Inc Hopes For Rationalisation Of Corporate Tax

As the Union Budget 2018 is the last full budget before the 2019 general elections, expectations about significant reforms on the economic and tax policy front are abound. With several actions and announcements, the government has made it clear that it is on a mission to transform its litigious image into ushering in a non-adversarial tax regime that offers certainty and consistency to the stakeholders. This article discusses some of the important expectations to achieve these objectives.