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12 global companies evinced interest to shift base from China to India: Nirmala Sitharaman | This is the best time for AP to attract those companies |

bhaigan

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MUMBAI: Finance Minister Nirmala Sitharaman on Saturday said about 12 global companies have evinced interest to shift their base from China to India, taking advantage of competitive tax rate of 15 per cent announced recently.

In a biggest reduction in 28 years, the government in September reduced corporate tax rate by almost 10 percentage points in a bid to give a boost to sagging economy.
 

 

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