(Thestates.news) Minister of State for Home Affairs, Government of India, Nityanand Rai said that the decentralised economy is the feature of Modi economy and its effect is known to all. The central government has taken several historic steps to strengthen the country’s economy Nityanand said while talking to the media at the BJP state office. He said that taxes have been cut to improve the economy. For domestic companies which are not availing any incentive, the income tax payment rate has been reduced from 30 percent to 22 percent, alternative tax has been reduced from 18.5 percent to 15 percent for companies which are availing exemption.
Historical steps taken to strengthen the economy: Nityanand Rai
