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MAT 2020: AIMA releases Management Aptitude Test IBT admit card at mat.aima.in, exam from 27 Aug
India

MAT 2020: AIMA releases Management Aptitude Test IBT admit card at mat.aima.in, exam from 27 Aug

Candidates can download the hall ticket from the official website by entering their registration number and date of birth.

MAT 2020: Internet Based Test schedule for September session released, check at mat.aima.in
Sports

MAT 2020: Internet Based Test schedule for September session released, check at mat.aima.in

Along with the schedule of the examination, the last dates for registration for each slot have also been released by AIMA.

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).

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

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

Corporate tax cuts: Govt bites bullet to balance tax competitiveness, but will this attract India a major global investment hub
Business

Corporate tax cuts: Govt bites bullet to balance tax competitiveness, but will this attract India a major global investment hub

A nearly double-digit tax reduction in the effective tax rate, unmistakably, pegs India as one of the most competitive investment destinations not only across its Asian peers, but globally too.

Cutting taxes not an effective remedy to accelerate slow economy in short-term, households should focus on higher spending
Business

Cutting taxes not an effective remedy to accelerate slow economy in short-term, households should focus on higher spending

Cutting taxes has the same fiscal impact but takes time to work out as it is conditional on companies investing part of the gains.

Corporate tax cut makes India an investment destination; to attract foreign firms to set up units: Nirmala Sitharaman
Business

Corporate tax cut makes India an investment destination; to attract foreign firms to set up units: Nirmala Sitharaman

Quoting experts, Nirmala Sitharaman said India is now much better than China in terms of rate, transparency, and tax administration

Corporate tax cut: Nirmala Sitharaman silences doubters, changes perception around the state of the Indian economy
India

Corporate tax cut: Nirmala Sitharaman silences doubters, changes perception around the state of the Indian economy

Until yesterday, Nirmala Sitharaman was being criticised for not having the vision and ability to be at the helm of finance ministry.

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

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.

Union Budget 2019: Nasscom seeks new tax-friendly special economic zone policy beyond 2020
Business

Union Budget 2019: Nasscom seeks new tax-friendly special economic zone policy beyond 2020

IT body Nasscom has urged the government to continue the tax incentives to units in special economic zones beyond March 2020, saying that such a move will provide the industry with certainty and enable them to invest in a long-term strategy

Union Budget 2019: Nirmala Sitharaman should give tax benefits to common man, remove MAT, say experts
Business

Union Budget 2019: Nirmala Sitharaman should give tax benefits to common man, remove MAT, say experts

Finance Minister Nirmala Sitharaman should consider increasing the income tax exemption limit to at least Rs 3 lakh and abolish minimum alternate tax (MAT) for companies to boost consumption and economic growth, suggested tax experts

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

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

Budget 2018: Industry may pitch for simpler GST to make it taxpayer-friendly, says KPMG
Business

Budget 2018: Industry may pitch for simpler GST to make it taxpayer-friendly, says KPMG

There still remain certain areas such as streamlining the GST compliance and improving the GST Network IT Platform which requires immediate attention

Budget 2018: From reduction in corporate tax to GST compliance, KPMG draws up its wishlist
Business

Budget 2018: From reduction in corporate tax to GST compliance, KPMG draws up its wishlist

Absence of a standard deduction puts the salaried taxpayers at a disadvantage particularly when the inflation is all pervasive in the economy

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

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.

Union Budget 2017 is for Bharat, let India take care of itself; is this what Jaitley's thinking?
Business

Union Budget 2017 is for Bharat, let India take care of itself; is this what Jaitley's thinking?

The focus on MSMEs while cutting corporate tax rate could, some argue, enable massive job creation in the economy as the MSME sector has borne the worst impact from cash squeeze post demonetistaion

Budget 2017: Startups hail corporate tax cuts but say MAT still a concern
Business

Budget 2017: Startups hail corporate tax cuts but say MAT still a concern

Startup community has unanimously welcomed lower corporate tax for enterprises with a turnover of upto Rs 50 crore

More than incentives in Budget, real estate industry looking for revival in demand to boost economy
Business

More than incentives in Budget, real estate industry looking for revival in demand to boost economy

More than real estate incentives the sector is looking forward for the economy to grow