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View: How to reverse the longest downturn in corporate capex

GoI slashed the corporate income tax rates in September 2019, which is estimated to have boosted the earnings of large corporates by 8-10%. Ideally, an increase in earnings should have been used for capex but, instead, higher earnings found their way into increased dividend payouts, raising the dividend payout ratio further to 66% in 2019-20. ....

North Atlantic Financial Crisis , Corporate Capex , India Economy , Global Economy ,