Corporate tax Cut: Here’s how capital goods will benefit

CNBC-TV18
CNBC-TV18
  • 5 years ago
The likes of ABB, Siemens, etc. were paying tax to the tune of 35-36 percent. The domestic capital goods majors like Larsen and Toubro (L&T), Thermax, Engineers India (EIL), etc. were also paying taxes anywhere between 32-35 percent. All of these stand to gain benefit.

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