New Delhi, Nov 27 (KNN) In order to give sufficient time to stakeholders to study the plan, the Finance Ministry has extended the deadline for giving views on draft for corporate tax exemption by over three weeks till December 31.

"We would like all stakeholders to study and give their views on draft exemption phase-out plan placed in public domain.

"In order to give them sufficient time, the last date for giving views is extended to December 31, 2015," Revenue Secretary Hasmukh Adhia tweeted.

The Finance Ministry had on November 20 proposed a roadmap for ending various tax exemptions currently enjoyed by the industry as a precursor to gradual bringing down of corporate tax rate to 25 per cent from 30 per cent at present.

It had then given 15 days for stakeholders to comment on it. (KNN Bureau)