Speaking at the World Economic Forum organized 'National Strategy Day', the Finance Minister said that the corporate tax rate would be brought down to 25% by phasing out some of the exemptions and the first tranche of that would be announced in the budget.Despite the optimism, concerns linger on whether political realities will play a spoilsport to the government's reform agenda. NK Singh, BJP Member and Ajit Gulabchand of Hindustan Construction speak to CNBC-TV18 on the matter.
