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Re-introduce 15% concessional tax for manufacturing firms: PHDCCI
Financial Express Mumbai
|December 03, 2025
INDUSTRY BODY PHDCCI has sought re-introduction of 15% concessional tax rate for new manufacturing units in the 2026-27 Budget.
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The industry body has submitted pre-budget recommendations to the Finance Ministry requesting reintroduction of section 115BAB of the Income Tax Act, wherein a concessional rate of corporate tax of 15% plus surcharge was introduced for new manufacturing units complying with certain conditions.
This story is from the December 03, 2025 edition of Financial Express Mumbai.
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