No money for BSNL 's revival - But, government can spend Rs. 1.45 lakh crores to reduce the burden of big corporates.

We know that the Finance Ministry has already rejected the proposals for BSNL' s revival. It has refused to allot 4G spectrum to BSNL, citing the financial crisis being faced by the government. However, the same government has given a huge tax concession to the big corporates to the tune of Rs. 1.45 lakh crores. According to the announcement made by Ms. Nirmala Sitaraman, Finance Minister today, Corporate Tax is reduced from 30% to 22%. In case of companies started after 01-10-2019, the Corporate Tax will be only 15%. Government' revenue collection will go down by Rs.1.45 lakh crores due to this tax concession given to the big corporates.