Business Daily from THE HINDU group of publications Monday, Aug 10, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Taxation Columns - For the Asking Surcharge on companies Why surcharge has not been abolished for companies? Srilatha Kutty, Kochi There are two possible reasons. First, the Finance Minister himself has gone on record that the income-tax law would be rationalised and simplified in a phased manner. Second, corporate taxation is a major source of revenue and the Finance Minister obviously would like to go slow on dismantling a levy that would hurt his interests. S. MURLIDHARAN More Stories on : Taxation | Corporate | For the Asking
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