Taxes 2019

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

Union Budget 2019-20: Revision in tax revenue estimates to influence level of fiscal deficit

GST inflows continue to trail the monthly average required to meet the FY2020 Interim Budget Estimates (IBE)

Union Budget 2019: All India Farmer Associations urges govt to correct cigarette taxation error to lessen burden

Ahead of the Budget, farmers body FAIFA on Thursday urged the government to correct "an error" in cigarette taxation under the new tax regime that did not account for cascading effect on excise duty, which existed in the pre-GST system

Union Budget 2019: Travel and tourism industry eyes easing of tax burden, improvement of infrastructure and better connectivity

The travel and tourism industry expects a reduction of the tax burden, improvement of infrastructure and better connectivity from the upcoming Budget 2019, that will help double both the international as well as domestic tourist traffic

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

Budget 2019-20: GST cut on auto, incentive to scrap old vehicles on SIAM's wish list

Passing through one of the longest sales slowdowns, the auto industry has sought a reduction of GST on all vehicles to 18 percent from the current rate of 28 percent

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: Six ways new Finance Minister Nirmala Sitharaman can overhaul India's tricky direct tax system

With central excise and local sales tax accounting for roughly 50 percent of the petrol bunk prices, its migration to the GST regime brooks no delay

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: Economists seek tax reforms, measures for jobs, investments in meeting with Nirmala Sitharaman

Further simplification of GST, implementation of the direct tax code, initiating job-oriented growth measures and maintaining fiscal prudence were some of the key suggestions made by economists for the ensuing Budget to Finance Minister Nirmala Sitharaman on Friday