NIFTY 50

Corporate tax cut: Here's how pharmaceutical companies will benefit

Updated : September 20, 2019 05:19 PM IST

Companies that have a 100% domestic focus or a majority domestic focus will benefit more
GlaxoSmithKline, which pays around 35% in terms of a tax rate is probably expected to see its tax rate reduced by around 10%
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