indiaUpdated: Sep 27, 2019 10:41 ISTUnion Finance Minister Nirmala Sitharaman will hold a meeting in Delhi with secretaries and financial advisors of key selected ministries to review the total CapEx by the ministries in 2019-20 on Friday. The discussion is also likely to be held on the future plan for CapEx in the current financial year. It is incurred when a business acquires assets that could be beneficial beyond the current tax year. For companies that do not avail of any other incentive or commission, the effective tax rate would be just 22 per cent. (The story has been published from a wire feed without any modifications to the text, only the headline has been changed)First Published: Sep 27, 2019 10:41 IST

Source: Hindustan Times September 27, 2019 05:12 UTC