• Home
  • Realty
    • Realty
    • Realty Commercial
    • Realty Residential
    • Realty Retail
  • Management
  • IKC
    • IKC
    • Awards
    • Report 2019
    • Gallery
  • Videos
    • Videos
    • India Kitchen Congress
    • Conversations
  • Services
  • Contact Us
Log In

Submit a Video
User Panel Banner
Log In

  • Home
  • Realty
    • Realty Commercial
    • Realty Residential
    • Realty Retail
  • Management
  • IKC
    • Awards
    • Report 2019
    • Gallery
  • Videos
    • India Kitchen Congress
    • Conversations
  • Services
  • Contact Us
Home*Slashing Corporate Tax a Milestone Effort to Kick Start the Economy: Shishir Baijal, CMD, Knight Frank India
Shishir Baijal - Chairman & Managing Director, Knight Frank India

Slashing Corporate Tax a Milestone Effort to Kick Start the Economy: Shishir Baijal, CMD, Knight Frank India

  • September 20, 2019
  • 0 comments
  • Sourcing Hardware
  • Posted in *Realty
  • 0
  • Tweet
  • Share 0
  • +1
  • LinkedIn 0

We are delighted with the Honourable Finance Minister’s announcement this morning on restructuring the corporate tax regime. It is a milestone effort towards kick-starting the Indian economy and boost production. This substantial direct tax reduction will allow more liquidity for the corporates that are currently assuming drastic measures to protect their profitability. This reduction in corporate taxes will help organizations to grow and help boost employment restoring the balance in our economy. A stronger economy will, therefore, lead to higher consumption leading to GDP growth. As it is always the case, a high GDP growth leads to stronger end-user buying pattern and general financial confidence of making long-term commitments.

These measures will complement the monetary policy measures taken by the RBI in increasing liquidity and consumer spending. As a trickle-down effect of this, we should be hoping for a revival for the real estate sector as well. This boost will certainly accelerate demand for commercial spaces, but we understand that the financial stability expected will propel growth for the beleaguered residential market in the near future.


Also read: FM Slashes Corporate Tax to Help Revive the Economy: Anuj Puri, Chairman – Anarock


 

Related Posts

Indian Building Products Industry
0 comments
*

Indian Building Products Industry: Using Plastic Responsibly

Indian Furniture Fittings Industrty
0 comments
*

Indian Furniture Fittings Industry: Times They are a Changing

Skipper has transformed its pipes business
0 comments
*

How Skipper has Transformed its Pipes Business

Skill Development

Business Case for Skilling

  • September 19, 2019
  • 0 comments
Union Minister for Finance & Corporate Affairs Smt Nirmala Sitharaman

Corp Tax Rates Slashed to 22% for Domestic Cos; 15...

  • September 20, 2019
  • 0 comments

Share this

About author

Sourcing Hardware

Related Posts

Indian Building Products Industry
0 comments
*

Indian Building Products Industry: Using Plastic Responsibly

Indian Furniture Fittings Industrty
0 comments
*

Indian Furniture Fittings Industry: Times They are a Changing

Skipper has transformed its pipes business
0 comments
*

How Skipper has Transformed its Pipes Business

REHAU will market Titus hardware
0 comments
*

REHAU will Market Titus Hardware in India

Tags

  • Corporate Tax
  • Economy
  • Knight Frank India
  • Shishir Baijal

Do not miss

Indian Building Products Industry
0 comments
*

Indian Building Products Industry: Using Plastic Responsibly

  • About us
  • Contact Us
  • Privacy Policy
  • About Channel Offers
Got a hot tip? Send it to us!

    Your Name (required)

    Your Email (required)

    Video URL

    Attach Video

    Category
    SportNewsTechMusic

    Your Message