PM Modi Praises FM Sitharaman’s Corporate Tax Cut


After the Union Finance Minister Nirmala Sitharaman announced slash in corporate tax rate, Prime Minister Narendra Modi applauded the Finance Minister’s move and helmed it as a historic ‘win-win for 130 crore Indians” in his tweet on Friday.

PM Modi tweeted, “The step to cut corporate tax is historic. It will give a great stimulus to Make in India, attract private investment from across the globe, improve competitiveness of our private sector, create more jobs and result in a win-win for 130 crore Indians.”

The Indian PM further added, “The announcements in the last few weeks clearly demonstrate that our government is leaving no stone unturned to make India a better place to do business, improve opportunities for all sections of society and increase prosperity to make India a $5 Trillion economy.”

Later in the day, the Sensex (Sensitive Index) has also soared up and has garnered its single-day jump in a decade after the Union Finance Minister’s corporate tax cut announcement.


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