Budget 2019: Tourism firms demand corporate tax reduction across board, better infrastructure
While the Union Budget 2015-16 proposed a reduction in the Corporate Tax from 30 per cent to 25 per cent, the fluctuating slabs decelerated the pace and scale of benefits.
The government needs to allocate much more towards infrastructure this year as last year government increased infra spend towards roads, air, rail and inland waterways by almost 22 per cent to 5.97 lac crores. Photo source: Pixabay