Corporate Tax Cut
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RBI monetary policy panel likely to slash repo rate for sixth time in a row today to revive slowing economy
Fp Staff •RBI has cut interest rates on every single occasion the multi-member monetary policy committee has met since Das took over as the governor of RBI in last December.
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
Boosting investments: Govt gives up obsession with round-tripping; need of hour to spur foreign fund inflows, make India manufacturing hub
Smurlidharan •Investments in the domestic capital market through participatory notes, led by equity allocation, rose to Rs 81,220 crore at the end of April 2019 on hopes of favourable market conditions.
Political dogfight can wait, netas across party lines should now discuss good economics to save a free-falling economy
Dinesh Unnikrishnan123 •The overall economic growth has been slowing worryingly with the GDP touching 5 percent in the April-June quarter. Since then, things have only worsened in the economy.
Indian firms remain heavily taxed, how South Asia can contribute a third of global growth; all this and more on Moneycontrol Pro
Moneycontrol123 •The corporate tax cut was hailed as a big game-changer for Indian companies.
Govt unlikely to go for personal income tax cut amid fiscal stress, lower tax realisation
•The government is unlikely to moderate personal income tax rates for the rich due to fiscal stress on account of lower tax realisation amid a slowdown in the economy, sources said
Sensex rallies 220 points to reclaim 40,000-mark, Nifty above 11,800 on strong croporate earnings; SBI, Airtel among top gainers
•Top gainers in the Sensex pack included SBI, TCS, ITC, Bharti Airtel, Sun Pharma, Infosys and Bajaj Auto, rising up to 3.37%.
Govt plans major tax alignments for equities; move aims to boost investor sentiment, bring in more forex
Fp Staff •The PMO is reviewing the current structure of LTCG tax, the STT and DDT in consultation with the Finance Ministry’s Revenue Department and NITI Aayog.
IMF sees Indian economic growth rebounding to 7% next fiscal on monetary policy stimulus, corporate tax cuts
•The International Monetary Fund (IMF) sees Indian economic growth rebounding to around 7 percent in the next financial year, supported by measures like monetary policy stimulus and corporate income tax cuts
IIP contracts by 1.1% in August: Indian economy is waiting for a Santa to cheer it with bags full of money
Dinesh Unnikrishnan123 •The August IIP numbers was the lowest in seven years showing negative growth of 1.1%