How investors can benefit from corporate tax cuts – Sandeep Jhunjhunwala
Taking cognition of the stimulus package of the 10-percentage point tax reduction, India’s equity markets, too, cheered the decision and headed to its biggest gain in a decade, wiping out the entire year-to-date losses. While these tax cuts would provide instant profit after tax (PAT) and earnings per share (EPS) enhancements for corporates, it would also create a tailwind for Indian equity performance and strengthen India’s long-term growth story.
- Sandeep Jhunjhunwala, Director contributed an article on How investors can benefit from corporate tax cuts for Financial Express.
