Page 9 - Corporate Tax Cut

Banking, FMCG to gain from tax cut; pharma, IT to remain untouched: Report

Giving a sectoral analysis of the impact of tax cut, ICICI Direct Research said domestic auto equipment makers will tend to benefit from the tax cut

US corporate sector hails India's move to slash tax for companies

Finance Minister Nirmala Sitharaman said the reduction in tax rates was done by promulgating an ordinance to an amendment to the Income Tax Act

Corporate tax giveaway to have little impact on fiscal goals: Niti Aayog

Many analysts have predicted fiscal deficit overshooting by at least 70 bps to 4.1 per cent given the quantum of the giveaways

Experts see fiscal risk in tax cut, say will have minor impact on growth

According to Nomura, the fiscal deficit during the current fiscal may swell to 3.6 per cent of the GDP due to revenue shortfall arising from the reduction in corporate tax

Corporation tax cut a big positive, but demand recovery may take time

A globally competitive corporate tax environment though encourages foreign investments and job creation in the long run

US corporate sector hails India's move to cut income tax rate for companies

This is a welcome step to reverse the economic slowdown

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

Market celebrates corporate tax cut with biggest rally in 10 years

Banking, auto shares gain the most; 5 stocks account for 68% of Sensex gains

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

Corporate tax cut: Booster shot for the economy, says Dinesh Kanabar

Though I welcome the reduction of tax rates for corporates, I wonder why the benefits have been restricted to corporates and not to other business entities

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

Realtors hope tax cut will boost demand for residential properties

Rajiv Talwar, chief executive at DLF, the country's largest listed property developer, said when there is more money in the hands of corporate entities and people, it will makes a difference

Enjoying tax holidays, IT firms won't gain much from the rate cut

The effective tax rate for TCS in FY19 stood at 24.1 per cent, while for HCL Technologies, it was 19.8 per cent

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

How the tax rate cut will impact earnings of top listed companies

Combined tax liability of companies in higher tax bracket is likely to reduce by Rs 45,000 crore

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

Worst-case scenario is a 0.5% fiscal slippage: Ashima Goyal on tax cut

If towards the end of the year, government finds that the deficit is rising, then they may cut expenditure, Goyal said

Govt's tax cut move dictated by PM's 'Howdy Modi' event in US: Congress

Rahul Gandhi said he is "amazed" at what Prime Minister Modi is ready to do for a stock market bump ahead of the event in Houston.