India Inc seeks tax reduction roadmap, sops for start-ups

A roadmap for reduction of the corporate tax rate and elimination of exemptions, early implementation of GST and ease of doing business were some of the key demands put forward by India Inc at the meeting.
 

In Budget 2015-16, Finance Minister Arun Jaitley had proposed reducing the corporate tax rate to 25 per cent from 30 per cent over a four-year period, along with a phase out of exemptions to India Inc.