Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/lowering-corporate-tax-rate-is-good-but-not-enough-renu-kohli-4688193/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/lowering-corporate-tax-rate-is-good-but-not-enough-renu-kohli-4688193/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/lowering-corporate-tax-rate-is-good-but-not-enough-renu-kohli-4688193/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/lowering-corporate-tax-rate-is-good-but-not-enough-renu-kohli-4688193/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ffcfeb99ed3-trace').style.display = (document.getElementById('cakeErr67ffcfeb99ed3-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67ffcfeb99ed3-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ffcfeb99ed3-code').style.display = (document.getElementById('cakeErr67ffcfeb99ed3-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ffcfeb99ed3-context').style.display = (document.getElementById('cakeErr67ffcfeb99ed3-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67ffcfeb99ed3-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67ffcfeb99ed3-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 40060, 'title' => 'Lowering corporate tax rate is good but not enough -Renu Kohli', 'subheading' => '', 'description' => '<div align="justify"> -The Telegraph<br /> <br /> <em>While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support<br /> </em><br /> The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. The stock market soared, seeing earnings grow after successive downgrades for nearly nine years &mdash; about the same time as the investment shortfall that lower taxes intend to reverse. Sentiments have lifted and the expected positive impact upon medium-term growth has tempered pessimism; investors had begun to speculate if India would grow at 5-6 per cent henceforth. Lower corporate taxes have been largely welcomed. However, many argue fiscal support should have targeted the consumption shortfall: if buyers&rsquo; incomes and spending are depressed, this will constrain investment demand; therefore, lowering income taxes might have been the better policy choice.<br /> <br /> These arguments are not invalid. It is true that business tax incentives will take time to reflect in higher investment and growth, require complementary changes, and are not independent of demand conditions, within or outside. Nonetheless, these are in the right direction and, indeed, should have come a few years ago, around 2015-16, so as to exploit the oil-revenues&rsquo; windfall and enable firms to pick up the Chinese manufacturing slack. <br /> <br /> Please <a href="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&amp;fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM">click here</a> to read more. <br /> </div>', 'credit_writer' => 'The Telegraph, 1 October, 2019, https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&amp;fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'lowering-corporate-tax-rate-is-good-but-not-enough-renu-kohli-4688193', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4688193, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 40060, 'metaTitle' => 'LATEST NEWS UPDATES | Lowering corporate tax rate is good but not enough -Renu Kohli', 'metaKeywords' => 'Investment Rate,Personal Income Tax,Corporate Tax,Effective Demand,Private Investment,fiscal deficit', 'metaDesc' => ' -The Telegraph While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent...', 'disp' => '<div align="justify">-The Telegraph<br /><br /><em>While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support<br /></em><br />The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. The stock market soared, seeing earnings grow after successive downgrades for nearly nine years &mdash; about the same time as the investment shortfall that lower taxes intend to reverse. Sentiments have lifted and the expected positive impact upon medium-term growth has tempered pessimism; investors had begun to speculate if India would grow at 5-6 per cent henceforth. Lower corporate taxes have been largely welcomed. However, many argue fiscal support should have targeted the consumption shortfall: if buyers&rsquo; incomes and spending are depressed, this will constrain investment demand; therefore, lowering income taxes might have been the better policy choice.<br /><br />These arguments are not invalid. It is true that business tax incentives will take time to reflect in higher investment and growth, require complementary changes, and are not independent of demand conditions, within or outside. Nonetheless, these are in the right direction and, indeed, should have come a few years ago, around 2015-16, so as to exploit the oil-revenues&rsquo; windfall and enable firms to pick up the Chinese manufacturing slack. <br /><br />Please <a href="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&amp;fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM" title="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&amp;fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM">click here</a> to read more. <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 40060, 'title' => 'Lowering corporate tax rate is good but not enough -Renu Kohli', 'subheading' => '', 'description' => '<div align="justify"> -The Telegraph<br /> <br /> <em>While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support<br /> </em><br /> The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. The stock market soared, seeing earnings grow after successive downgrades for nearly nine years &mdash; about the same time as the investment shortfall that lower taxes intend to reverse. Sentiments have lifted and the expected positive impact upon medium-term growth has tempered pessimism; investors had begun to speculate if India would grow at 5-6 per cent henceforth. Lower corporate taxes have been largely welcomed. However, many argue fiscal support should have targeted the consumption shortfall: if buyers&rsquo; incomes and spending are depressed, this will constrain investment demand; therefore, lowering income taxes might have been the better policy choice.<br /> <br /> These arguments are not invalid. It is true that business tax incentives will take time to reflect in higher investment and growth, require complementary changes, and are not independent of demand conditions, within or outside. Nonetheless, these are in the right direction and, indeed, should have come a few years ago, around 2015-16, so as to exploit the oil-revenues&rsquo; windfall and enable firms to pick up the Chinese manufacturing slack. <br /> <br /> Please <a href="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&amp;fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM">click here</a> to read more. <br /> </div>', 'credit_writer' => 'The Telegraph, 1 October, 2019, https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&amp;fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'lowering-corporate-tax-rate-is-good-but-not-enough-renu-kohli-4688193', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4688193, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 40060 $metaTitle = 'LATEST NEWS UPDATES | Lowering corporate tax rate is good but not enough -Renu Kohli' $metaKeywords = 'Investment Rate,Personal Income Tax,Corporate Tax,Effective Demand,Private Investment,fiscal deficit' $metaDesc = ' -The Telegraph While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent...' $disp = '<div align="justify">-The Telegraph<br /><br /><em>While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support<br /></em><br />The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. The stock market soared, seeing earnings grow after successive downgrades for nearly nine years &mdash; about the same time as the investment shortfall that lower taxes intend to reverse. Sentiments have lifted and the expected positive impact upon medium-term growth has tempered pessimism; investors had begun to speculate if India would grow at 5-6 per cent henceforth. Lower corporate taxes have been largely welcomed. However, many argue fiscal support should have targeted the consumption shortfall: if buyers&rsquo; incomes and spending are depressed, this will constrain investment demand; therefore, lowering income taxes might have been the better policy choice.<br /><br />These arguments are not invalid. It is true that business tax incentives will take time to reflect in higher investment and growth, require complementary changes, and are not independent of demand conditions, within or outside. Nonetheless, these are in the right direction and, indeed, should have come a few years ago, around 2015-16, so as to exploit the oil-revenues&rsquo; windfall and enable firms to pick up the Chinese manufacturing slack. <br /><br />Please <a href="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&amp;fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM" title="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&amp;fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM">click here</a> to read more. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/lowering-corporate-tax-rate-is-good-but-not-enough-renu-kohli-4688193.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Lowering corporate tax rate is good but not enough -Renu Kohli | Im4change.org</title> <meta name="description" content=" -The Telegraph While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Lowering corporate tax rate is good but not enough -Renu Kohli</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Telegraph<br /><br /><em>While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support<br /></em><br />The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. The stock market soared, seeing earnings grow after successive downgrades for nearly nine years — about the same time as the investment shortfall that lower taxes intend to reverse. Sentiments have lifted and the expected positive impact upon medium-term growth has tempered pessimism; investors had begun to speculate if India would grow at 5-6 per cent henceforth. Lower corporate taxes have been largely welcomed. However, many argue fiscal support should have targeted the consumption shortfall: if buyers’ incomes and spending are depressed, this will constrain investment demand; therefore, lowering income taxes might have been the better policy choice.<br /><br />These arguments are not invalid. It is true that business tax incentives will take time to reflect in higher investment and growth, require complementary changes, and are not independent of demand conditions, within or outside. Nonetheless, these are in the right direction and, indeed, should have come a few years ago, around 2015-16, so as to exploit the oil-revenues’ windfall and enable firms to pick up the Chinese manufacturing slack. <br /><br />Please <a href="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM" title="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM">click here</a> to read more. <br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. 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'' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67ffcfeb99ed3-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ffcfeb99ed3-code').style.display = (document.getElementById('cakeErr67ffcfeb99ed3-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ffcfeb99ed3-context').style.display = (document.getElementById('cakeErr67ffcfeb99ed3-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67ffcfeb99ed3-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67ffcfeb99ed3-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 40060, 'title' => 'Lowering corporate tax rate is good but not enough -Renu Kohli', 'subheading' => '', 'description' => '<div align="justify"> -The Telegraph<br /> <br /> <em>While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support<br /> </em><br /> The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. The stock market soared, seeing earnings grow after successive downgrades for nearly nine years &mdash; about the same time as the investment shortfall that lower taxes intend to reverse. Sentiments have lifted and the expected positive impact upon medium-term growth has tempered pessimism; investors had begun to speculate if India would grow at 5-6 per cent henceforth. Lower corporate taxes have been largely welcomed. However, many argue fiscal support should have targeted the consumption shortfall: if buyers&rsquo; incomes and spending are depressed, this will constrain investment demand; therefore, lowering income taxes might have been the better policy choice.<br /> <br /> These arguments are not invalid. It is true that business tax incentives will take time to reflect in higher investment and growth, require complementary changes, and are not independent of demand conditions, within or outside. Nonetheless, these are in the right direction and, indeed, should have come a few years ago, around 2015-16, so as to exploit the oil-revenues&rsquo; windfall and enable firms to pick up the Chinese manufacturing slack. <br /> <br /> Please <a href="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&amp;fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM">click here</a> to read more. <br /> </div>', 'credit_writer' => 'The Telegraph, 1 October, 2019, https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&amp;fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'lowering-corporate-tax-rate-is-good-but-not-enough-renu-kohli-4688193', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4688193, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 40060, 'metaTitle' => 'LATEST NEWS UPDATES | Lowering corporate tax rate is good but not enough -Renu Kohli', 'metaKeywords' => 'Investment Rate,Personal Income Tax,Corporate Tax,Effective Demand,Private Investment,fiscal deficit', 'metaDesc' => ' -The Telegraph While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent...', 'disp' => '<div align="justify">-The Telegraph<br /><br /><em>While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support<br /></em><br />The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. The stock market soared, seeing earnings grow after successive downgrades for nearly nine years &mdash; about the same time as the investment shortfall that lower taxes intend to reverse. Sentiments have lifted and the expected positive impact upon medium-term growth has tempered pessimism; investors had begun to speculate if India would grow at 5-6 per cent henceforth. Lower corporate taxes have been largely welcomed. However, many argue fiscal support should have targeted the consumption shortfall: if buyers&rsquo; incomes and spending are depressed, this will constrain investment demand; therefore, lowering income taxes might have been the better policy choice.<br /><br />These arguments are not invalid. It is true that business tax incentives will take time to reflect in higher investment and growth, require complementary changes, and are not independent of demand conditions, within or outside. Nonetheless, these are in the right direction and, indeed, should have come a few years ago, around 2015-16, so as to exploit the oil-revenues&rsquo; windfall and enable firms to pick up the Chinese manufacturing slack. <br /><br />Please <a href="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&amp;fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM" title="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&amp;fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM">click here</a> to read more. <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 40060, 'title' => 'Lowering corporate tax rate is good but not enough -Renu Kohli', 'subheading' => '', 'description' => '<div align="justify"> -The Telegraph<br /> <br /> <em>While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support<br /> </em><br /> The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. The stock market soared, seeing earnings grow after successive downgrades for nearly nine years &mdash; about the same time as the investment shortfall that lower taxes intend to reverse. Sentiments have lifted and the expected positive impact upon medium-term growth has tempered pessimism; investors had begun to speculate if India would grow at 5-6 per cent henceforth. Lower corporate taxes have been largely welcomed. However, many argue fiscal support should have targeted the consumption shortfall: if buyers&rsquo; incomes and spending are depressed, this will constrain investment demand; therefore, lowering income taxes might have been the better policy choice.<br /> <br /> These arguments are not invalid. It is true that business tax incentives will take time to reflect in higher investment and growth, require complementary changes, and are not independent of demand conditions, within or outside. Nonetheless, these are in the right direction and, indeed, should have come a few years ago, around 2015-16, so as to exploit the oil-revenues&rsquo; windfall and enable firms to pick up the Chinese manufacturing slack. <br /> <br /> Please <a href="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&amp;fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM">click here</a> to read more. <br /> </div>', 'credit_writer' => 'The Telegraph, 1 October, 2019, https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&amp;fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'lowering-corporate-tax-rate-is-good-but-not-enough-renu-kohli-4688193', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4688193, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 40060 $metaTitle = 'LATEST NEWS UPDATES | Lowering corporate tax rate is good but not enough -Renu Kohli' $metaKeywords = 'Investment Rate,Personal Income Tax,Corporate Tax,Effective Demand,Private Investment,fiscal deficit' $metaDesc = ' -The Telegraph While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent...' $disp = '<div align="justify">-The Telegraph<br /><br /><em>While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support<br /></em><br />The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. The stock market soared, seeing earnings grow after successive downgrades for nearly nine years &mdash; about the same time as the investment shortfall that lower taxes intend to reverse. Sentiments have lifted and the expected positive impact upon medium-term growth has tempered pessimism; investors had begun to speculate if India would grow at 5-6 per cent henceforth. Lower corporate taxes have been largely welcomed. However, many argue fiscal support should have targeted the consumption shortfall: if buyers&rsquo; incomes and spending are depressed, this will constrain investment demand; therefore, lowering income taxes might have been the better policy choice.<br /><br />These arguments are not invalid. It is true that business tax incentives will take time to reflect in higher investment and growth, require complementary changes, and are not independent of demand conditions, within or outside. Nonetheless, these are in the right direction and, indeed, should have come a few years ago, around 2015-16, so as to exploit the oil-revenues&rsquo; windfall and enable firms to pick up the Chinese manufacturing slack. <br /><br />Please <a href="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&amp;fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM" title="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&amp;fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM">click here</a> to read more. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/lowering-corporate-tax-rate-is-good-but-not-enough-renu-kohli-4688193.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Lowering corporate tax rate is good but not enough -Renu Kohli | Im4change.org</title> <meta name="description" content=" -The Telegraph While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Lowering corporate tax rate is good but not enough -Renu Kohli</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Telegraph<br /><br /><em>While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support<br /></em><br />The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. The stock market soared, seeing earnings grow after successive downgrades for nearly nine years — about the same time as the investment shortfall that lower taxes intend to reverse. Sentiments have lifted and the expected positive impact upon medium-term growth has tempered pessimism; investors had begun to speculate if India would grow at 5-6 per cent henceforth. Lower corporate taxes have been largely welcomed. However, many argue fiscal support should have targeted the consumption shortfall: if buyers’ incomes and spending are depressed, this will constrain investment demand; therefore, lowering income taxes might have been the better policy choice.<br /><br />These arguments are not invalid. It is true that business tax incentives will take time to reflect in higher investment and growth, require complementary changes, and are not independent of demand conditions, within or outside. Nonetheless, these are in the right direction and, indeed, should have come a few years ago, around 2015-16, so as to exploit the oil-revenues’ windfall and enable firms to pick up the Chinese manufacturing slack. <br /><br />Please <a href="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM" title="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM">click here</a> to read more. <br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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'' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67ffcfeb99ed3-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ffcfeb99ed3-code').style.display = (document.getElementById('cakeErr67ffcfeb99ed3-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ffcfeb99ed3-context').style.display = (document.getElementById('cakeErr67ffcfeb99ed3-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67ffcfeb99ed3-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67ffcfeb99ed3-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 40060, 'title' => 'Lowering corporate tax rate is good but not enough -Renu Kohli', 'subheading' => '', 'description' => '<div align="justify"> -The Telegraph<br /> <br /> <em>While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support<br /> </em><br /> The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. The stock market soared, seeing earnings grow after successive downgrades for nearly nine years &mdash; about the same time as the investment shortfall that lower taxes intend to reverse. Sentiments have lifted and the expected positive impact upon medium-term growth has tempered pessimism; investors had begun to speculate if India would grow at 5-6 per cent henceforth. Lower corporate taxes have been largely welcomed. However, many argue fiscal support should have targeted the consumption shortfall: if buyers&rsquo; incomes and spending are depressed, this will constrain investment demand; therefore, lowering income taxes might have been the better policy choice.<br /> <br /> These arguments are not invalid. It is true that business tax incentives will take time to reflect in higher investment and growth, require complementary changes, and are not independent of demand conditions, within or outside. 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The stock market soared, seeing earnings grow after successive downgrades for nearly nine years &mdash; about the same time as the investment shortfall that lower taxes intend to reverse. Sentiments have lifted and the expected positive impact upon medium-term growth has tempered pessimism; investors had begun to speculate if India would grow at 5-6 per cent henceforth. Lower corporate taxes have been largely welcomed. However, many argue fiscal support should have targeted the consumption shortfall: if buyers&rsquo; incomes and spending are depressed, this will constrain investment demand; therefore, lowering income taxes might have been the better policy choice.<br /><br />These arguments are not invalid. It is true that business tax incentives will take time to reflect in higher investment and growth, require complementary changes, and are not independent of demand conditions, within or outside. Nonetheless, these are in the right direction and, indeed, should have come a few years ago, around 2015-16, so as to exploit the oil-revenues&rsquo; windfall and enable firms to pick up the Chinese manufacturing slack. <br /><br />Please <a href="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&amp;fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM" title="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&amp;fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM">click here</a> to read more. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/lowering-corporate-tax-rate-is-good-but-not-enough-renu-kohli-4688193.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Lowering corporate tax rate is good but not enough -Renu Kohli | Im4change.org</title> <meta name="description" content=" -The Telegraph While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Lowering corporate tax rate is good but not enough -Renu Kohli</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Telegraph<br /><br /><em>While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support<br /></em><br />The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. The stock market soared, seeing earnings grow after successive downgrades for nearly nine years — about the same time as the investment shortfall that lower taxes intend to reverse. Sentiments have lifted and the expected positive impact upon medium-term growth has tempered pessimism; investors had begun to speculate if India would grow at 5-6 per cent henceforth. Lower corporate taxes have been largely welcomed. However, many argue fiscal support should have targeted the consumption shortfall: if buyers’ incomes and spending are depressed, this will constrain investment demand; therefore, lowering income taxes might have been the better policy choice.<br /><br />These arguments are not invalid. It is true that business tax incentives will take time to reflect in higher investment and growth, require complementary changes, and are not independent of demand conditions, within or outside. Nonetheless, these are in the right direction and, indeed, should have come a few years ago, around 2015-16, so as to exploit the oil-revenues’ windfall and enable firms to pick up the Chinese manufacturing slack. <br /><br />Please <a href="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM" title="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM">click here</a> to read more. <br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? 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Nonetheless, these are in the right direction and, indeed, should have come a few years ago, around 2015-16, so as to exploit the oil-revenues’ windfall and enable firms to pick up the Chinese manufacturing slack. <br /> <br /> Please <a href="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM">click here</a> to read more. <br /> </div>', 'credit_writer' => 'The Telegraph, 1 October, 2019, https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'lowering-corporate-tax-rate-is-good-but-not-enough-renu-kohli-4688193', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4688193, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 40060, 'metaTitle' => 'LATEST NEWS UPDATES | Lowering corporate tax rate is good but not enough -Renu Kohli', 'metaKeywords' => 'Investment Rate,Personal Income Tax,Corporate Tax,Effective Demand,Private Investment,fiscal deficit', 'metaDesc' => ' -The Telegraph While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent...', 'disp' => '<div align="justify">-The Telegraph<br /><br /><em>While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support<br /></em><br />The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. 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Nonetheless, these are in the right direction and, indeed, should have come a few years ago, around 2015-16, so as to exploit the oil-revenues’ windfall and enable firms to pick up the Chinese manufacturing slack. <br /><br />Please <a href="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM" title="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM">click here</a> to read more. <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 40060, 'title' => 'Lowering corporate tax rate is good but not enough -Renu Kohli', 'subheading' => '', 'description' => '<div align="justify"> -The Telegraph<br /> <br /> <em>While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support<br /> </em><br /> The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. The stock market soared, seeing earnings grow after successive downgrades for nearly nine years — about the same time as the investment shortfall that lower taxes intend to reverse. Sentiments have lifted and the expected positive impact upon medium-term growth has tempered pessimism; investors had begun to speculate if India would grow at 5-6 per cent henceforth. Lower corporate taxes have been largely welcomed. However, many argue fiscal support should have targeted the consumption shortfall: if buyers’ incomes and spending are depressed, this will constrain investment demand; therefore, lowering income taxes might have been the better policy choice.<br /> <br /> These arguments are not invalid. It is true that business tax incentives will take time to reflect in higher investment and growth, require complementary changes, and are not independent of demand conditions, within or outside. Nonetheless, these are in the right direction and, indeed, should have come a few years ago, around 2015-16, so as to exploit the oil-revenues’ windfall and enable firms to pick up the Chinese manufacturing slack. <br /> <br /> Please <a href="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM">click here</a> to read more. <br /> </div>', 'credit_writer' => 'The Telegraph, 1 October, 2019, https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'lowering-corporate-tax-rate-is-good-but-not-enough-renu-kohli-4688193', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4688193, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 40060 $metaTitle = 'LATEST NEWS UPDATES | Lowering corporate tax rate is good but not enough -Renu Kohli' $metaKeywords = 'Investment Rate,Personal Income Tax,Corporate Tax,Effective Demand,Private Investment,fiscal deficit' $metaDesc = ' -The Telegraph While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent...' $disp = '<div align="justify">-The Telegraph<br /><br /><em>While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support<br /></em><br />The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. The stock market soared, seeing earnings grow after successive downgrades for nearly nine years — about the same time as the investment shortfall that lower taxes intend to reverse. Sentiments have lifted and the expected positive impact upon medium-term growth has tempered pessimism; investors had begun to speculate if India would grow at 5-6 per cent henceforth. Lower corporate taxes have been largely welcomed. However, many argue fiscal support should have targeted the consumption shortfall: if buyers’ incomes and spending are depressed, this will constrain investment demand; therefore, lowering income taxes might have been the better policy choice.<br /><br />These arguments are not invalid. It is true that business tax incentives will take time to reflect in higher investment and growth, require complementary changes, and are not independent of demand conditions, within or outside. Nonetheless, these are in the right direction and, indeed, should have come a few years ago, around 2015-16, so as to exploit the oil-revenues’ windfall and enable firms to pick up the Chinese manufacturing slack. <br /><br />Please <a href="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM" title="https://www.telegraphindia.com/opinion/lowering-corporate-tax-rate-is-good-but-not-enough/cid/1708632?ref=opinion_opinion-page&fbclid=IwAR1jMmePx0pwPrrovW-x6KDWXiBM_gpktuh40ExEnUeLvrkSWpaaPUmGqCM">click here</a> to read more. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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Lowering corporate tax rate is good but not enough -Renu Kohli |
-The Telegraph
While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. The stock market soared, seeing earnings grow after successive downgrades for nearly nine years — about the same time as the investment shortfall that lower taxes intend to reverse. Sentiments have lifted and the expected positive impact upon medium-term growth has tempered pessimism; investors had begun to speculate if India would grow at 5-6 per cent henceforth. Lower corporate taxes have been largely welcomed. However, many argue fiscal support should have targeted the consumption shortfall: if buyers’ incomes and spending are depressed, this will constrain investment demand; therefore, lowering income taxes might have been the better policy choice. These arguments are not invalid. It is true that business tax incentives will take time to reflect in higher investment and growth, require complementary changes, and are not independent of demand conditions, within or outside. Nonetheless, these are in the right direction and, indeed, should have come a few years ago, around 2015-16, so as to exploit the oil-revenues’ windfall and enable firms to pick up the Chinese manufacturing slack. Please click here to read more. |