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 Congress leader Rahul Gandhi on Friday took yet another dig at the much-publicised 'Howdy-Modi' event scheduled to be held in Houston on Sunday and said that no event can hide the reality of economic mess in the country today.

Rahul Gandhi took to Twitter and tweeted, ''Amazing what PM is ready to do for a stock market bump during his #Howdy Indian Economy jamboree.At + 1.4 Lakh Crore Rs the Houston event is the world's most expensive event,ever! But, no event can hide the reality of the economic mess Howdy Modi has driven India into." His remarks came shortly after Union Finance Minister Nirmala Sitharaman announced mega corporate tax cut which led to the megamarket gain on Friday.

In a major fiscal booster, Finance Minister Nirmala Sitharaman slashed effective corporate tax to 25.17 per cent inclusive of allcess and surcharges for domestic companies. The new tax rate will be applicable from the current fiscal which began on April 1.

As a result of this, the Sensex zoomed past over 2,000points. Top gainers in the Sensex pack included Maruti, M&M, HDFC Bank,Tata Motors, Yes Bank, Tata Steel, L&T, ICICI Bank, Bajaj Auto and RIL,rallying up to 9 per cent.

 


Publish Time: 20 September 2019
TP News

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