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Bring down corporate tax, simplify taxation, revive infra investment: Industry to FM Nirmala Sitharaman

Updated : June 12, 2019 09:23 AM IST

In the meeting, CII President Vikram Kirloskar suggested bringing down the dividend distribution tax to 10 percent from the present 20 percent, saying it should also be not taxed at the hands of the investor.
In her opening remarks, Sitharaman said since 2014 the government has taken measures to simplify and rationalise existing rules and introduced Information Technology in a big way to make governance more efficient and effective.
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