Corporate Sector

Govt’s stringent commitment to low inflation hurting farm sector, says Nobel laureate Abhijit Banerjee

Abhijit Banerjee said disinvestment is not long-term solution for bridging fiscal deficit.

Union Budget 2019: Corporation tax is one of the biggest source of direct taxation for the central govt

Corporations with a net income of over Rs 10 crore need to pay a 12 percent surcharge.

Union Budget 2019: Finance Minister should consider bringing down corporate tax rate for all companies, irrespective of turnover

In February 2019, the then Interim Finance Minister Piyush Goyal adopted a pragmatic approach by providing a pro-growth and fiscally prudent Budget

Unlisted public companies have to compulsorily issue new shares in demat form beginning 2 October: Govt

The step has been taken for "further enhancing transparency, investor protection and governance in the corporate sector," the Corporate Affairs Ministry said

Niti Aayog says over 31 lakh new jobs generated in six months between September-February 2018

Niti Aayog said information on job creation was based on the additions made in payrolls from Employees' Provision Fund Organisation for all age-groups.

Budget 2018: Full text of Arun Jaitley's speech in Parliament; finance minister says India among fastest growing economies

Following is the full text of the budget speech made by Finance Minister Arun Jaitley, who hailed demonetisation as an imaandaari ka utsav (festival of honesty).

Pranab Mukherjee expresses concern about health infrastructure in rural areas, encourages investment

President Pranab Mukherjee lamented the lack of healthcare infrastructure in the country, particularly in the rural area, and expressed hope more investments would help bridge the gap.

How 15,080 profitable Indian companies paid no tax in 2015-16, some paid less than zero

The effective tax rate for a company making a profit up to Rs 1 crore was 30.26 percent in 2015-16 while the corporate tax rate was 25.90 percent for those with profits greater than Rs 500 crore.

Financial stability report in 5 points: NPAs seen worsening, India Inc in better shape

The report noted Indian companies' leverage situation has improved in 2015-16 and the overall risks in the corporate sector have also moderated

Nehru's legacy violently misrepresented today, says historian Irfan Habib

Irfan Habib took a dig at detractors of Jawaharlal Nehru saying people whose ideological ancestors had no role in the national movement are trying to negate the role and contribution of the first PM.