Page 5 - Corporate Tax Cut

Lower taxes may help home-grown hedge funds attract corporate money

An additional layer of taxes has been removed for companies opting to come under the new corporation regime

India Inc Q2 earnings start on positive note, tax rate cut boosts profit

Pre-tax profit is up 20.7%, net up 15%; top-line growth lowest in 3 years

Tax benefit to cooperatives should go

Return to societies from cooperative banks is almost double that from commercial banks

Reducing taxes to boost investments is a myth, says Abhijit Banerjee

Countries from China to India to Indonesia are slashing taxes for businesses to spur growth amid a gloomy outlook for global economic expansion

Standout performance: Corporation tax cuts spur gains for domestic markets

On September 20, Finance Minister Nirmala Sitharaman announced a reduction in the country's effective corporation tax rate from around 35% to 25%

L&T Finance Holding Q2 net profit down 69% at Rs 174 cr; stock ends flat

Total income during the second quarter of 2019-20 increased to Rs 3,711.85 crore

Moderation in FMCG growth rates is due to slowdown in rural areas: HUL CMD

The volatility in crude oil and currency are key monitorables for us, said Mehta

Tax cuts: Knee-jerk or part of a plan?

Like fans of filmstars or cricketers, investors have shown abiding faith in Mr Modi, who is still seen as a doer with the right intent and strong will

Indian stocks to make a comeback as banking crisis passes, says AMP

"Shadow banking incidents are unlikely to derail the positive backdrop for India equities following the tax cuts," said Nader Naeimi, who oversees more than $1 billion in assets at AMP Capital

Slowdown blues: Q2 Nifty50 earnings may decline despite corporate tax cut

Combined net profit of Nifty50 companies expected to fall 3.4%

Stock mkt more polarised after tax cut; 91% of gains cornered by 13 firms

RIL, HDFC Bank account for 32.4% of total BSE 500 m-cap gains since the cut in tax; 91% of gains cornered by 13 firms

Corporation tax cut: JSW Steel eyes special purpose vehicles for expansion

JSW Steel has a long-term goal of achieving a capacity of 40-45 mt through a mix of brownfield and greenfield projects

Corporate tax cut will not benefit banks: PNB MD & CEO S S Mallikarjuna Rao

In an interview with Somesh Jha, Rao spoke about the road map of the amalgamation and how the corporate tax cut and repo rate-linked products will impact the finances of banks

Doesn't make sense to let go MAT credits: Vedanta's Pallavi Joshi Bakhru

Pallavi Joshi Bakhru, group head taxation, Vedanta Limited, the metals-cum-mining conglomerate, explains why some large corporate groups may not avail of the lower tax rates anytime soon

Shekhar Gupta: Money has lost its morale

The economic crisis can be fixed only with genuine, brave reform. If this Modi govt can't do it, it will confirm fears that it has lost its mojo

ITC may not hike cigarette prices after tax rate cut, ban on vaping

A Morgan Stanley report says it doesn't expect ITC to hike cigarette prices as the firm is likely to be one of the biggest beneficiaries of the tax cut

Tech view: Time to be bullish on consumption stks ahead of festive season?

With festival season round-the-corner, companies are hoping for a pick-up in the overall consumption, which along with the cut in corporation tax, would aid earnings growth over the next few quarters

Extend the tax-cut logic to infrastructure

A judicious lowering of input costs can increase productivity

Tax rate cut to bring comforting times for investors of Page Industries

A likely volume recovery in the second half of FY20 and relatively reasonable valuation should support further upside in the stock

Corporate tax reduction signals intent for reform, says CEA Subramanian

He also said GST tax collection varies with the nominal rate of GDP in the economy and there has been some slowdown in it