PARIKRAMA
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thats why i suggested like depreciation or some form of tax exemption for such cases. That way its encouraging companies to invest and claim tax benefits..but wouldn't it increase the amt. of exceed tax levied on new business along with medium bussinesss multifold causing excess of tax burden indirectly on the middle income society and its will further more create gap b/w rich and middle income group............
if there is no taxation benefit, no one will do it and yes then in such a case it will be excess burden.. basically exempting that 3 % and returning it back into economy with 2% in R&D and 1% in CSR will help us do much better over a long period of time provided the usage of such funds is proper and we dont cut corners to show on paper this investment but in reality we do nothing. CSR is also important as companies need to think about society, ppl and environment as well.