Page 2141 - Economy & Policy News

Flip side of corporate tax bonanza: Fiscal deficit may rise to 3.7% of GDP

Centre may have to go for spending cuts and off-Budget borrowing

Rationalise tariffs, don't blame renewable: Power minister to Andhra govt

This is the second letter in two months by the Union ministry to the Andhra Pradesh government after the state decided to review all the renewable power projects, citing high costs

Improve revenue buoyancy, Finance Commission chairman asks states

GST collection has significantly slowed down in recent months, making it difficult for the Centre to hand out compensation to states

GST Council cuts rates on hotels, hikes on caffeinated beverages

Small taxpayer given relief from filing annual tax returns

Diwali comes early for companies as FM offers tax cuts to lift up economy

The measures are to boost investment and manufacturing under the Make in India initiative

Corporate tax cut to boost manufacturing; unutilised capacity a concern

Industry stakeholders said the lower tax payable would now mean more liquidity in the books of companies, which should reflect in higher investment

India Inc hails tax cuts, says move will boost investments, spur demand

MNCs may relocate new factories to India as tax cut to 15% for new factories

FM's tax cut: Buyback relief for firms as retrospective rule goes

About 18 cos had announced buybacks worth nearly Rs 15,000 crore between April 1 and July 5

GST Council meet: In-principle decision to link Aadhaar with registration

The council also decided to a withdraw a circular issued in June which prescribed that the additional discount given by a company to a dealer in certain cases will be liable for Goods and Services Tax

States need to jack up growth, India is not in 5% trajectory: Debroy

Asserts there is significant volatility in India's GDP growth, citing examples of rate being less than 5% in one quarter, and going up to 7% in the very next quarter

Govt to finalise developer for renovation of Parliament by Diwali

The government plans to hold the monsoon session in 2022 - marking the 75th independence of the country - in a new Parliament complex

FM Nirmala Sitharaman announced loan 'mela' despite banks' reluctance

PSB executives were not too sure if they would be able to not classify all the stressed loans of micro, small, and medium enterprises (MSMEs) as non-performing assets (NPAs) till March 2020

Corporate tax cut likely to help demand, make consumer goods cheaper

FMCG sector experts said consumer goods will be one of the biggest beneficiaries of the tax cut

How India's new corporate tax rates compares with its Asian counterparts

The new tax rates now bring India broadly in line with its South-East Asian counterparts

India-funded oil refinery in Mongolia to be completed by 2022-end: Pradhan

The minister for petroleum and natural gas was speaking at a meeting attended by a Mongolian business delegation led by the country's President Khaltmaagiin Battulga

CSR expansion to boost research impact, rankings for public universities

Scope of CSE spending extended to public funded universities, IITs, national labs and autonomous bodies engaged in research in science, technology, engineering and medicine

New corporate tax rates closer to global ones, says Shaktikanta Das

The finance minister on Friday slashed the effective corporate tax rates to 25.17 per cent (inclusive of all cess and surcharges) from 30 per cent for all domestic companies

Impetus to Make in India, claims PM Modi; Oppn says it's timed for US visit

Congress leader Rahul Gandhi alleged the cut has been announced with the objective of making PM's Houston 'jamboree' a success

Trai floats consultation paper to form a unified numbering plan

The consultation paper analyses changes affecting mobile phones, fixed lines

Highlights: GST Council announces steps to help tourism, trade

GST council meeting Live updates: All eyes are on GST council's meeting in Goa after the government announced slashing corporate taxes.