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I was the first businessman to say, 'You should give tax benefit to only small companies. You should say your profits are exempt to a limit of Rs. 50 crore or so, but beyond that, you should pay taxes.' I have been arguing with successive finance ministers on this.
N. R. Narayana Murthy
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"I was the first businessman to say, 'You should give tax benefit to only small companies. You should say your profits are exempt to a limit of Rs. 50 crore or so, but beyond that, you should pay taxes.' I have been arguing with successive finance ministers on this."
— N. R. Narayana Murthy #moneywealth

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I was the first businessman to say, 'You should give tax benefit to only small companies. You should say your profits are exempt to a limit of Rs. 50 crore or so, but beyond that, you should pay taxes.' I have been arguing with successive finance ministers on this. — N. R. Narayana Murthy

About N. R. Narayana Murthy

N. R. Narayana Murthy was a Businessman from India (1946–present).

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Frequently Asked Questions

Who said "I was the first businessman to say, 'You should give tax benefit to only small…"?
This quote is attributed to N. R. Narayana Murthy, a Businessman from India.
When did N. R. Narayana Murthy live?
N. R. Narayana Murthy lived from 1946 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.