Corporate Tax

Showing of 1 - 20 from 128 results
Corporate Tax - Total results - 128
I-T refunds worth Rs 4,250 cr issued in a week; to be credited in 5-7 days in taxpayer bank account: CBDT
Business

I-T refunds worth Rs 4,250 cr issued in a week; to be credited in 5-7 days in taxpayer bank account: CBDT

The Income Tax department has issued over 10.2 lakh refunds worth Rs 4,250 crore within a week, the Central Board of Direct Taxes (CBDT) said on Wednesday

Coronavirus Outbreak: How a prolonged shutdown will affect India’s salaried class, jobs, farm production, manufacturing
India

Coronavirus Outbreak: How a prolonged shutdown will affect India’s salaried class, jobs, farm production, manufacturing

The government sector has been one of the drivers of the economy but will have to change track this year.

HUL to set up manufacturing subsidiary, move aimed at helping MNC lower corporate tax rate
Business

HUL to set up manufacturing subsidiary, move aimed at helping MNC lower corporate tax rate

FMCG major HUL on Monday announced its plans to set up a new subsidiary, which would be primarily engaged in manufacturing activities

Income Tax Department notifies forms for firms to avail lower corporate tax rates announced in September last year
Business

Income Tax Department notifies forms for firms to avail lower corporate tax rates announced in September last year

The income tax (I-T) department has notified forms for companies to avail the reduced corporate tax rates that were announced in September last year

Govt moves towards simplifying tax regime; LIC IPO will benefit retail investors: Nirmala Sitharaman
Business

Govt moves towards simplifying tax regime; LIC IPO will benefit retail investors: Nirmala Sitharaman

The finance minister said that taxpayers' charter is based on the idea that taxation regime should be on the foundation of trust among citizens.

Nirmala Sitharaman exhorts industry to shun hesitation, partner with govt to push growth; says willing to take more steps
Business

Nirmala Sitharaman exhorts industry to shun hesitation, partner with govt to push growth; says willing to take more steps

alking about the measures taken to help the industry, the minister listed some of them like corporate tax rate cut and removal of Minimum Alternate Tax (MAT) and Dividend Distribution Tax (DDT).

Budget 2020: Govt stares at tax shortfall of Rs 2 lakh cr on faltering economy; room for personal income tax relief limited
Business

Budget 2020: Govt stares at tax shortfall of Rs 2 lakh cr on faltering economy; room for personal income tax relief limited

The exchequer was shaved off Rs 1.45 lakh crore as the government slashed corporate tax rates up to 10 percentage points, the biggest reduction in 28 years.

Direct tax collections likely to drop in current fiscal year, first fall in at least two decades, IT dept receives only Rs 7.3 lakh cr so far
Business

Direct tax collections likely to drop in current fiscal year, first fall in at least two decades, IT dept receives only Rs 7.3 lakh cr so far

India’s corporate and income tax collection for the current year is likely to fall for the first time in at least two decades, over half a dozen senior tax officials told Reuters, amid a sharp fall in economic growth and cut in corporate tax rates

Budget 2020: Scale of privatisation will demonstrate govt's desire to undertake structural change
Business

Budget 2020: Scale of privatisation will demonstrate govt's desire to undertake structural change

On a relative basis, India has underperformed in six of the seven cases 30 days prior to the Budget announcement and in five out of seven cases 30 days post-Budget announcement

From slumping growth to soaring valuations, Sensex remained stubbornly optimistic in 2019
Business

From slumping growth to soaring valuations, Sensex remained stubbornly optimistic in 2019

So far this year, the Sensex has given returns of 15.26 percent (till 27 December), while the Nifty has gained 12.73 percent. However, what is making market experts nervous is the frothy valuations.

Why Union Budget 2020 is an opportunity for govt to demonstrate its intent to rebuild economic policy credibility
Business

Why Union Budget 2020 is an opportunity for govt to demonstrate its intent to rebuild economic policy credibility

Union Budget documents show that from FY17 to FY20, capital expenditure allocation went up by 18 percent over four years; revenue expenditure went up by 45 percent in that same period: nearly 2.5 times more

FPIs open fund floodgates for Indian markets, net inflow crosses Rs 1 lakh cr in 2019; positive trend may continue in 2020
Business

FPIs open fund floodgates for Indian markets, net inflow crosses Rs 1 lakh cr in 2019; positive trend may continue in 2020

While the year 2018 saw a net outflow of over Rs 33,000 crore by FPIs in equities, there were was a net inflow of Rs 51,000 crore in 2017, of Rs 20,500 crore in 2016, of Rs 17,800 crore in 2015 and of Rs 97,054 crore in 2014.

Narendra Modi says NDA govt saved country from disaster; confident of making India a $5-tn economy
Business

Narendra Modi says NDA govt saved country from disaster; confident of making India a $5-tn economy

Narendra Modi said that the aim of the government is to both formalise and modernise the country's economy.

Corporate tax rate cut impact to be visible in two years: CII President Vikram Kirloskar
Business

Corporate tax rate cut impact to be visible in two years: CII President Vikram Kirloskar

The revised corporate tax rates are competitive and its impact will be visible in the next two years, industry body CII's President Vikram Kirloskar said on Tuesday as he emphasised that the government listened to the industry "word by word" on lowering rates

Nirmala Sitharaman to hold pre-Budget consultations with stakeholders from today; focus on boosting economic growth
Business

Nirmala Sitharaman to hold pre-Budget consultations with stakeholders from today; focus on boosting economic growth

The finance ministry has already started the Budget preparation exercise, with different ministries and departments making expenditure projections

Economic reforms showing impact, says government giving a recap of steps taken to boost growth
Business

Economic reforms showing impact, says government giving a recap of steps taken to boost growth

Finance Minister Nirmala Sitharaman said on Friday the government has taken concrete measures to implement a planned economic strategy for achieving the five trillion dollar GDP goal by 2024

Software development, mining, printing books not to qualify for lower 15% corporate tax rate: Nirmala Sitharaman
Business

Software development, mining, printing books not to qualify for lower 15% corporate tax rate: Nirmala Sitharaman

Sitharaman had on 20 September announced lowering of the base corporate tax rate to 22% from 30% for firms that do not seek exemptions, and reduced the rate for some new manufacturing companies to 15% from 25%.

Corporate tax cut aimed at attracting investment, generating jobs: Finance Minister Nirmala Sitharaman
Business

Corporate tax cut aimed at attracting investment, generating jobs: Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman in the Lok Sabha on Monday said the government's decision to reduce corporate tax rate was aimed at attracting investment and creating jobs

Daily Bulletin: Centre to submit Devendra Fadnavis' letter claiming majority, governor's invitation to form govt in SC today; FM to introduce bills on corporate tax in Lok Sabha; day's top stories
India

Daily Bulletin: Centre to submit Devendra Fadnavis' letter claiming majority, governor's invitation to form govt in SC today; FM to introduce bills on corporate tax in Lok Sabha; day's top stories

Here are today's top stories: SC asks Centre to place letters of governor revoking President's Rule, inviting Devendra Fadnavis to form govt; apex court to hear case today; Jharkhand Assembly elections 2019: Narendra Modi to address poll-bound Daltonganj, Gumla today; day's top stories