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  • Invest India - Corporate Tax Reform Sep'19: A Step Towards Global Competitiveness

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    Chaitanya Nuthalapati
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    The Indian government announced game changing corporate tax reforms, cutting the tax rate from 30% to 22% for existing companies and to just 15% for new manufacturing units. This makes India more attractive compared to global emerging market peers and is expected to boost corporate earnings by 8-10% while stimulating manufacturing. The aggressive tax cuts position India as a competitive alternative to China for global manufacturing firms.

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    Corporate Tax Reform Sep’19

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    The Indian government announced game changing corporate tax reforms, cutting the tax rate from 30% to 22% for existing companies and to just 15% for new manufacturing units. This makes India more attractive compared to global emerging market peers and is expected to boost corporate earnings by 8-10% while stimulating manufacturing. The aggressive tax cuts position India as a competitive alternative to China for global manufacturing firms.

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    7 views1 page

    Invest India - Corporate Tax Reform Sep'19: A Step Towards Global Competitiveness

    Uploaded by

    Chaitanya Nuthalapati
    The Indian government announced game changing corporate tax reforms, cutting the tax rate from 30% to 22% for existing companies and to just 15% for new manufacturing units. This makes India more attractive compared to global emerging market peers and is expected to boost corporate earnings by 8-10% while stimulating manufacturing. The aggressive tax cuts position India as a competitive alternative to China for global manufacturing firms.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    of 1

    Invest India – Corporate Tax Reform Sep’19

    A step towards global competitiveness


    Game changing corporate tax Making India more attractive Earnings boost, increased stimulus to
    reforms announced compared to global EM peers1 manufacturing

    Br 34%

    India (... 30%

    Corporate tax rate cut from 30% to Philipp... 30% 8-10% boost to EPS expected, setting the EPS growth
    22% at 25% (13% previously)2
    C 25%

    Indon... 25%

    Mala... 24%

    India(... 22%

    Thai... 20% The aggressive tax cuts establish India as an attractive


    All new manufacturing units to be taxed at
    alternative compared to China for global manufacturing
    15% firms given increased tariffs on Chinese goods
    Vie 20%

    Source:
    1.KPMG
    2.Morgan Stanley, Edelweiss

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