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Income tax cut News

01 Aug 2022

British PM candidate Rishi Sunak vows to slash 20% income tax by 2029`

Rishi Sunak is trailing in the race to become Britain`s next prime minister He has vowed to slash the basic rate of income tax by 20% by 2029 Sunak, once seen as the favourite to replace Boris Johnson, has struggled against his rival Foreign Secretary Liz Truss

04 Feb 2017

Personal I-T base must be up before corporate tax cut: Hasmukh Adhia

Two years after it announced plans to reduce corporate tax rate to 25 percent, the government on Saturday said any such reduction can come after the spread of personal income tax is increased and more people pay taxes.

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