Page 6 - Corporate Tax Cut

Tech view: Missed the blockbuster market rally? Here's what you should do

At the fundamental level, analysts say the government's move to slash corporation tax rate from 35 per cent to 25.2 per cent (including surcharge) augurs well for India Inc

Lower corporation tax rates add colour to paint sector's prospects

Earnings upgrades apart it could lead to higher volumes of premium decorative paints

Effective tax rates applicable to Indian firms still among the highest

Effective tax rates applicable to companies in India are still among the highest if one includes taxation on dividends and other means of returning surplus cash to promoters and shareholders

Corporate tax cuts may boost growth but fiscal impact to come sooner: Fitch

Fitch said a positive impact on FDI would be more likely if the tax cuts were accompanied by further measures to improve India's business environment

Homebuyers unlikely to gain from reduction in corporation tax rates

Property developers are unlikely to pass on any benefit to homebuyers in the form of price cuts

Govt measures don't address slowing consumption demand, says Matt Wacher

Wacher says the investment manager is underweight on India

BNP sees second-order boost on corporate tax cut, tweaks stock picks

The surprise tax rate cut came after economic growth in the April-June quarter slumped to its lowest level in six years, hitting the nation's smaller stocks the hardest

Letter to BS: FM Sitharaman deserves accolades for two recent tax reforms

The recent reforms will give boost to new entrepreneurs and attract foreign investors to invest in India

Direct tax code panel calls for branch profit tax on foreign companies

Suggests bringing corporation tax rate on a par with domestic companies

Can India end the exemption raj in personal income tax system as well?

In the process, the corporation tax system would also become more transparent, with reduced scope for litigation and discretion

Corporate tax cut to make India a hub of investment: Shaktikanta Das

In the biggest reduction in 28 years, the government on Friday cut corporate tax rate by almost 10 percentage points as it looked to pull the economy out of a six-year low growth

No tangible benefits from corporate tax rate cut for pharma sector: Icra

The pharma companies get a slew of tax exemptions such as income tax exemptions for Export Oriented Units or entities operating in special economic zones

Govt will maintain borrowing plan, likely sell Rs 2.68 trn of bonds: Report

A decision on the nation's maiden foreign currency sovereign bond sale, announced first in July, has not been made, the official said

Underestimates & overreactions: The math behind FM's corporation tax cuts

Why the impact of the corporation tax cut may not be as substantial on the fisc or on India Inc

Best of BS opinion: Testing the impact of tax cut, definition of employment

Here's a selection of Business Standard opinion pieces for the day

Double tax relief expands room for growth of hotel firms; stocks rise

While lower GST would push occupancy and thereby aid room rates, lower corporate tax rate should add to earnings

Big bang steps

With fiscal and monetary levers being pulled simultaneously, expect economic growth and corporate profit to accelerate

Tax rate cut: Brokerages rejig index targets; Chris Wood ups India exposure

Besides Wood, Nomura, too, has revised its Nifty50 target for March 2020 to 12,545 on the back of a potential 7 per cent earnings increase in FY20/21

DTC panel suggestion on corporation tax different from FM's formula

The panel, headed by central board of direct taxes (CBDT) member Akhilesh Ranjan, also recommended 25 per cent corporation tax rate for companies, but without surcharges and cess

Limited liability partnerships may lose sheen as new tax rates kick in

The basic tax rate for companies has been reduced to 22 per cent from 30 per cent earlier, and that for new domestic manufacturing companies has been cut to 15 per cent