Corporate Tax Rate

Indian IPOs fall to four-year low as economy falters; potential govt reforms may boost stock markets in 2020, say analysts

Financials and industrial sectors led the declines in IPO issues, with proceeds more than halving.

India needs to keep fiscal deficit target; requires increased revenue mobilisation: IMF chief economist Gita Gopinath

India's consolidated deficit (the Centre and states combined) is the highest among the G20 nations, Gita Gopinath said.

Cut in corporate tax rate was needed to spur investments, boost growth, says CEA KV Subramanian

Chief Economic Adviser KV Subramanian on Friday said that the government recognised the need to cut the corporate tax to boost investments

Fitch raises India's FY20 fiscal deficit forecast to 3.6% of GDP on weak revenue collections

Fitch said it was revising the fiscal deficit forecast as revenue collection may fall far short of the projections in the FY2019/20 Union Budget due to weak GST and corporate income tax collections.

Venture investments up 69% at $16.4 bn in Q2; strongest-ever quarter by deal values for PE, VC industry: Report

Venture capital investment in India strengthened during the September quarter led by a slew of large deals of over $100 million

Companies opting for new lower corporate tax rate can't claim MAT credit, other deductions: CBDT

The Central Board of Direct Taxes (CBDT), in a clarification, said companies will be allowed to utilise such credits only against regular taxes under the old regime

Industry, stock market experts term Sitharaman's corporate tax cut 'revolutionary', say will make Indian firms globally competitive

In a major fiscal booster, the government on Friday slashed effective corporate tax to 25.17 percent inclusive of all cess and surcharges for domestic companies.

Direct Tax Code: Government proposes to overhaul taxation system; here is how new rules will affect you

Direct Tax Code appears to be a simpler version as compared to the existing income tax law, which is a welcome measure

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

Fed leaves rates unchanged; says US labour market continues to strengthen, economy strong

US stocks, which had rallied broadly on Wednesday after the results of the US congressional elections, turned lower as the Fed’s statement offered no indication the central bank might slow the pace of its rate increases.