Sumant Sinha, Chairman & MD, ReNew Power shares view post Corporate tax cut

“I congratulate the Finance Minister for reducing corporate taxes meaningfully. This is a step in the right direction and will bring our rates closer to that in most mature economies. Reasonable tax rates also go a long way in ensuring better compliance. Taken together with the minister’s earlier announcements, these measures are expected to spur investment and demand while bringing down the tax burden on companies."