• SENSEX
    NIFTY 50
Business

Corporate tax cut: Here’s how oil PSUs will benefit

Updated : September 23, 2019 04:55 PM IST

The tax cut is a positive surprise for oil PSUs as there was an expectation of a divestment announcement
Gas majors will also get some breathing room as the average effective tax rates in the sector is around 33-35 percent
Corporate tax cut: Here’s how oil PSUs will benefit
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV