Corporate Tax

Showing of 41 - 60 from 128 results
Corporate Tax - Total results - 128
RBI governor Shaktikanta Das welcomes corporate tax cuts, says it's a bold move
Business

RBI governor Shaktikanta Das welcomes corporate tax cuts, says it's a bold move

Reserve Bank Governor Shaktikanta Das on Friday said the reduction in corporate tax is a bold measure which will be highly positive for the economy

Nirmala Sitharaman announces corporate tax cut; other key highlights of announcements
Business

Nirmala Sitharaman announces corporate tax cut; other key highlights of announcements

The government on Friday slashed the income tax rate for companies by almost 10 percentage points to 25.17 percent and offered a lower rate to 17.01 percent for new manufacturing firms to boost economic growth rate from a six-year low by incentivising investments to help create jobs

RBI expects growth to pick up from Q2 on govt spending, says there is possibility of more rate cuts
Business

RBI expects growth to pick up from Q2 on govt spending, says there is possibility of more rate cuts

Reserve Bank governor Shaktikanta Das Friday exuded confidence that second-quarter GDP numbers will be better than the previous one as the government has started spending again

Nirmala Sitharaman slashes corporate tax to 22%; govt to forego Rs 1.45 lakh cr per year after levy cut, other relief measures
Business

Nirmala Sitharaman slashes corporate tax to 22%; govt to forego Rs 1.45 lakh cr per year after levy cut, other relief measures

Sitharaman proposes to slash corporate tax for domestic firms, new local manufacturing cos through an ordinance.

Corporate tax for companies over Rs 400 cr to be cut gradually to 25%, says Nirmala Sitharaman
Business

Corporate tax for companies over Rs 400 cr to be cut gradually to 25%, says Nirmala Sitharaman

In her maiden Budget last month, Nirmala Sitharaman had cut corporate tax for companies with annual turnover of up to Rs 400 crore to 25%

Direct tax collection target of Rs 13.35 lakh cr for current financial year is achievable: CBDT chairman PC Mody
Business

Direct tax collection target of Rs 13.35 lakh cr for current financial year is achievable: CBDT chairman PC Mody

The government has re-calibrated and fixed the direct taxes collection target for this financial year at Rs 13.35 lakh crore, a task that the CBDT chief said is difficult but achievable

Union Budget 2019: Exporters' body seeks FIEO for employment-linked tax benefits, cut in corporate tax
Business

Union Budget 2019: Exporters' body seeks FIEO for employment-linked tax benefits, cut in corporate tax

Exporters' body FIEO on Tuesday urged the government to announce various measures such as employment-linked income tax benefits and set up a fund for marketing purposes to boost the country's outbound shipments in the upcoming Budget

RBI Financial Stability Report: There is good news and bad news, but where is the plan of action?
Business

RBI Financial Stability Report: There is good news and bad news, but where is the plan of action?

The Financial Stability Report analyses threadbare the overall state of the various segments as well as highlights the risk-related issues

Union Budget 2019: Assocham suggests one-time rollover by banks to address liquidity crunch
Business

Union Budget 2019: Assocham suggests one-time rollover by banks to address liquidity crunch

Ahead of the Union Budget, industry body Assocham on Friday suggested a one-time rollover by banks to businesses reeling under severe liquidity stress to help them tide over the difficulties

Union Budget 2019: Address liquidity, incentivise manufacturing to boost exports, says trade body
Business

Union Budget 2019: Address liquidity, incentivise manufacturing to boost exports, says trade body

A string of measures, including adequate availability of liquidity and incentivising manufacturing, should be included in the forthcoming Budget to boost exports, Trade Promotion Council of India said on Thursday

Union Budget 2019: Bring down corporate tax, simplify taxation, revive infra investment, industry tells Nirmala Sitharaman
Business

Union Budget 2019: Bring down corporate tax, simplify taxation, revive infra investment, industry tells Nirmala Sitharaman

India Inc on Tuesday made a case for reduction in the corporate tax rate, the abolition of minimum alternate tax, halving dividend distribution tax to 10 percent and increase in outlay for the infrastructure sector in the upcoming Budget with a view to arrest economic slowdown

Budget 2019-20: Assocham demands cut in effective corporate tax to 25%, inflation indexing of allowances
Business

Budget 2019-20: Assocham demands cut in effective corporate tax to 25%, inflation indexing of allowances

Industry chamber Assocham has demanded cut in effective corporate tax to 25 percent, doing away with dividend distribution tax (DDT) and indexing of allowances and deductions under personal Income Tax with inflation

Slowing economic growth big worry for Narendra Modi govt; needs stimulus: Industry body FICCI
Business

Slowing economic growth big worry for Narendra Modi govt; needs stimulus: Industry body FICCI

India’s slowing economic growth is of serious concern and the country needs to urgently cut tax and interest rates to revive the economy, a top industrial body said on Monday ahead of the inauguration of Prime Minister Narendra Modi’s second term

Cut corporate tax, abolish MAT in forthcoming Budget, says industry body FICCI as BJP-led NDA govt gears up for its second term
Business

Cut corporate tax, abolish MAT in forthcoming Budget, says industry body FICCI as BJP-led NDA govt gears up for its second term

Industry body FICCI on Friday sought a reduction in corporate tax and abolition of Minimum Alternate Tax (MAT) to spur investment as the BJP-led NDA government gears up for its second term

Direct tax collections fall short of Rs 82,000 cr in FY19 on lower corporate tax mop-up
Business

Direct tax collections fall short of Rs 82,000 cr in FY19 on lower corporate tax mop-up

Direct Tax collections fell short by Rs.82,000 crore at Rs 11.18 lakh crore during 2018-19 with lower corporate tax collections emerging as one of the reasons for the lower mop

Govt close to meeting fiscal deficit target of 3.4%; some numbers are still to come, says SC Garg
Business

Govt close to meeting fiscal deficit target of 3.4%; some numbers are still to come, says SC Garg

The government in the interim Budget in February revised upward the fiscal deficit target to 3.4 percent from 3.3 percent of GDP

GST collections for March at a record Rs 1.06 lakh crore, fails to meet govt target for fiscal year
Business

GST collections for March at a record Rs 1.06 lakh crore, fails to meet govt target for fiscal year

GST collections in March indicate that the revenue growth has been picking up despite various rate rationalisation measures

FICCI president Sandip Somany says Arun Jaitley has promised to lower corporate tax as GST mop-up rises
Business

FICCI president Sandip Somany says Arun Jaitley has promised to lower corporate tax as GST mop-up rises

The government has promised to lower corporate tax rate to 25 percent for all companies once Goods and Services Tax (GST) mop-up improves, Ficci President Sandip Somany said on Tuesday

Budget 2019: PHD Chamber seeks cut in corporate tax, higher income tax exemption limit for individuals
Business

Budget 2019: PHD Chamber seeks cut in corporate tax, higher income tax exemption limit for individuals

PHD Chamber on Wednesday pitched for cutting corporate tax to 25 percent, and raising income tax exemption limit for individuals to Rs 3.5 lakh per annum in the forthcoming Budget

From relief in personal tax rates to simplifying GST procedure, here's a list of issues Budget 2019 should look into
Business

From relief in personal tax rates to simplifying GST procedure, here's a list of issues Budget 2019 should look into

With key global economies like the US going for significant rate cuts, the government may do well to bring down the corporate tax rate for all the companies, irrespective of the turnover criteria.