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Corporate India was awaiting Budget 2017 with concern as well as eager anticipation. The concern primarily stemmed from the demonetisation exercise over the latter part of 2016, and whether another shock from the government was in the offing. On the other hand, there was widespread anticipation that the Finance Minister would come up with some sort of sops to revitalise the economy.

Rakesh Nangia, Managing Partner with inputs from Rahul Jain, Partner, Nangia & Co contributed an article on Flip side of the corporate tax relief for Hindu Business Line.

Attached is link to the article

http://www.thehindubusinessline.com/portfolio/macro-view/flip-side-of-the-corporate-tax-relief/article9571481.ece