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Tax cut to boost growth, says Sonowal

By The Assam Tribune
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GUWAHATI, Sept 20 - Chief Minister Sarbananda Sonowal on Friday welcomed the Central government�s decision to slash corporate tax by almost 10 percentage points, saying this �historic� move will help attract investments, boost growth and turn India into the world�s manufacturing hub.

Sonowal also said that Prime Minister Narendra Modi deserves to be complimented for the biggest tax relief to the corporates since 1991. �The historic decision to cut corporate tax first time after 1991,� he said.

The Chief Minister said the decision will also help the northeastern States as many investors may come to set up industries in the region, thus helping generate employment. � PTI

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Tax cut to boost growth, says Sonowal

GUWAHATI, Sept 20 - Chief Minister Sarbananda Sonowal on Friday welcomed the Central government�s decision to slash corporate tax by almost 10 percentage points, saying this �historic� move will help attract investments, boost growth and turn India into the world�s manufacturing hub.

Sonowal also said that Prime Minister Narendra Modi deserves to be complimented for the biggest tax relief to the corporates since 1991. �The historic decision to cut corporate tax first time after 1991,� he said.

The Chief Minister said the decision will also help the northeastern States as many investors may come to set up industries in the region, thus helping generate employment. � PTI