Effect of Tax Cut on Investment: Evidence from Indian Manufacturing firms

Adam Hussain ()
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Adam Hussain: National Institute of Public Finance and Policy

Working Papers from National Institute of Public Finance and Policy

Abstract: Does a reduction in the corporate income tax rate trigger investments in developing countries?This paperanswersthisquestioninadifferenceindifferencesframework.Using firm-level data on Indian manufacturing firms. I study the effect of the 2019 and 2020 Indian tax reform that reduced the corporate income tax rate for domestic firms by 5

Keywords: Investment; Corporate tax; Indian manufacturing firms (search for similar items in EconPapers)
JEL-codes: G31 H25 H71 (search for similar items in EconPapers)
Pages: 19
Date: 2023-02
New Economics Papers: this item is included in nep-acc, nep-cfn, nep-pbe and nep-pub
Note: Working Paper 390, 2023
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Citations: View citations in EconPapers (1)

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