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Page 4 - Corporation Tax

Cut in taxes, infra spending will help revive Indian economy: Anil Agarwal

Besides spending on building infrastructure, the government should focus on exploiting natural resources the country has and look at stake sale in most PSUs, said the mining baron

Cut in taxes, infra spending will help revive Indian economy: Anil Agarwal
Updated On : 27 Feb 2020 | 4:40 PM IST

Budget 2020: How will Sitharaman pull off Rs 2.1-trn disinvestment miracle?

The government has promised to raise Rs 120,000 crore via disinvestment, and an additional Rs 90,000 crore from sale of government equity in public-sector banks and financial institutions, in 2020-21

Budget 2020: How will Sitharaman pull off Rs 2.1-trn disinvestment miracle?
Updated On : 01 Feb 2020 | 10:18 PM IST

After two years of relief, govt to feel corporation tax pinch in FY20

The cut in the rates for companies not availing exemptions, and new manufacturing units, will hit the exchequer by Rs 1.45 trillion by the government's own admission

After two years of relief, govt to feel corporation tax pinch in FY20
Updated On : 29 Jan 2020 | 12:57 AM IST

Nestle's turnaround: Steps taken after Maggi crisis seem to be paying off

Shedding the tag of being a slow mover, in the past three years Nestle has followed an aggressive launch strategy

Nestle's turnaround: Steps taken after Maggi crisis seem to be paying off
Updated On : 19 Jan 2020 | 8:33 PM IST

Budget 2020: CII seeks announcement of corporate tax rate merger to 15%

According to the industry body, the desired impact of the reduction in corporate taxes on the ground is still far from satisfactory.

Budget 2020: CII seeks announcement of corporate tax rate merger to 15%
Updated On : 19 Jan 2020 | 4:49 PM IST

Corporate earnings may worsen in Q3, but profits could get tax-cut boost

Banks, OMCs are expected to bring most of the incremental growth

Corporate earnings may worsen in Q3, but profits could get tax-cut boost
Updated On : 09 Jan 2020 | 2:06 AM IST

No need for further corporation tax cuts, says Abhijit Banerjee

I think you have to get the demand side going... you need to get money in the hands of people who will spend it now, people who need the money, says Abhijit Banerjee

No need for further corporation tax cuts, says Abhijit Banerjee
Updated On : 04 Jan 2020 | 1:59 AM IST

Finance Ministry ramps up efforts to meet direct tax collection targets

Field officers were asked to make efforts to identify and initiate actions against willful tax evaders or those using fake invoices or e-way Bills

Finance Ministry ramps up efforts to meet direct tax collection targets
Updated On : 03 Jan 2020 | 11:29 PM IST

Firms opting for lower tax regime can't adjust accumulated credits on MAT

The ordinance to cut the corporation tax rate has said MAT provisions will not apply to a company which has exercised the option for a lower rate of tax

Firms opting for lower tax regime can't adjust accumulated credits on MAT
Updated On : 02 Jan 2020 | 8:04 PM IST

Rs 75,000-crore minimum alternate tax credit dilemma grips India Inc

Fifteen heavyweight companies have accumulated MAT credit in excess of Rs 1,000 crore each

Rs 75,000-crore minimum alternate tax credit dilemma grips India Inc
Updated On : 02 Jan 2020 | 8:04 PM IST

Year in Review: Market ends on high, thanks to tax cut, US-China trade deal

Debt-laden companies get heavily punished amid uncertainties over economic growth

Year in Review: Market ends on high, thanks to tax cut, US-China trade deal
Updated On : 31 Dec 2019 | 3:16 AM IST

Year in Review: Pulwama to CAA stir, 10 defining events for India in 2019

Days before the year draws to a close, we look back at some of the key events in economy, politics, space and judiciary that defined 2019 for India

Year in Review: Pulwama to CAA stir, 10 defining events for India in 2019
Updated On : 28 Dec 2019 | 8:50 AM IST

Key policy steps taken by NDA govt this year to revive a sagging economy

Macroeconomic parameters have shown that the Indian economy is going through a rough patch. Here are the key policy decisions taken by the govt in 2019, to bring the India growth story back on track

Key policy steps taken by NDA govt this year to revive a sagging economy
Updated On : 26 Dec 2019 | 7:06 PM IST

Impact of corporation tax cut will be visible after two years: CII chief

He said the industry pushed the government a lot for reducing the rates

Impact of corporation tax cut will be visible after two years: CII chief
Updated On : 18 Dec 2019 | 3:30 AM IST

Bankers will be allowed to work without any fear, assures PM Modi

PM Modi said low-income groups must never feel the absence of government

Bankers will be allowed to work without any fear, assures PM Modi
Updated On : 07 Dec 2019 | 1:35 AM IST

Amid slowing economy, corporation tax mop-up contracts 1% in Apr-Nov

The collection numbers are expected to worsen further once the impact of the corporation tax rate cuts becomes visible in the third advance tax collection instalment due on December 15

Amid slowing economy, corporation tax mop-up contracts 1% in Apr-Nov
Updated On : 04 Dec 2019 | 1:41 AM IST

Govt's move to reduce corporation tax has had a 'positive impact': FM

Sitharaman said many countries in South East Asia had reduced their corporate tax to attract investment and cited examples of Thailand, Vietnam and Singapore.

Govt's move to reduce corporation tax has had a 'positive impact': FM
Updated On : 02 Dec 2019 | 7:48 PM IST

Taxation Law (Amendment) Bill introduced in LS to cut corporation tax rate

The bill seeks to provide for a unified financial regulator for IFSCs

Taxation Law (Amendment) Bill introduced in LS to cut corporation tax rate
Updated On : 25 Nov 2019 | 7:46 PM IST

Cabinet okays Bill to replace ordinance on corporation tax rate cut

The tax rate has been reduced to 15 per cent for new domestic manufacturing companies incorporated after October 1

Cabinet okays Bill to replace ordinance on corporation tax rate cut
Updated On : 21 Nov 2019 | 12:01 AM IST

Brokerages turn cautious on markets amid slowing growth, rich valuation

Since the cut in corporation tax, the S&P BSE Sensex and Nifty 50 have gained 12 per cent and 11 per cent

Brokerages turn cautious on markets amid slowing growth, rich valuation
Updated On : 18 Nov 2019 | 10:24 PM IST