Page 5 - Corporation Tax

Come clean on fisc

Govt must not conceal how slowdown is impacting revenue

Despite unavailability of MAT credit, 60% of firms opt for lower tax regime

In absolute terms, around 300,000 companies are now at the 22% rate, against the earlier 25-30% earlier

PM says will further improve tax regime to attract overseas investment

Attracting new investment is key to creating jobs and boosting growth in the economy, which slowed to a six-year low growth rate of 5 per cent in the quarter ended June

Market performance in Samvat 2075 was unsatisfactory: Motilal Oswal

Markets are likely to remain range-bound in the near term till economic recovery is visible, says Motilal Oswal

Corporate tax cut a consolation for benchmarks in volatile year

Sensex gained 12% while Nifty ended up 10% despite challenges such as the trade war andtrade war and economic slowdown

Slowdown blues: Direct tax mop-up growth slumps to 3.5% till mid-October

A combination of factors is responsible. This includes a deepening of the general economic slowdown and corporation tax cuts

Corporates 2.0: Profit with a purpose

The corporation is more than just about sustainable production. It is about companies taking into account the social order in which they operate

Excellent meeting with Nobel Laureate Abhijit Banerjee, says PM Modi

Esther Duflo not present at the meeting

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%

Corporation tax rate cut to help Nalco tide over sagging alumina prices

The sobering of global alumina prices and stablisation in supplies have made it very difficult for Nalco to sustain the high profit momentum of last fiscal

Re-measure deferred tax assets, liabilities for tax rate changes: EY India

MAT credit is recognised as a deferred tax asset

Two in three cos may shift to new corporation tax rates immediately: Crisil

Half of those shifting may use tax savings for ongoing capex to strengthen balance sheet

Corporation tax cut benefit unlikely for 90% manufacturing enterprises

The gap is even wider with new manufacturing companies, which will be taxed at 17.2%

Restoring high growth

Look beyond large corporations and release the growth potential of farmers and small entrepreneurs

Consumer sentiment to remain subdued; banks may re-rate: Vinay Paharia

While previous concerns such as domestic as well as global economic slowdown continue to remain, valuations have become attractive due to the improvement in the underlying fair value.

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

Corporate tax cut can improve India Inc dividend by 40%: ICICI Securities

ONGC, BPCL, Coal India, Hero Motocorp, NMDC, Power Grid and Infosys are the top picks for the brokerage in the high-dividend space

ICICI Bank m-cap nears Rs 3 trillion-mark; stock hits record high

In the past one-week, the stock of ICICI Bank has outpaced the market by surging 18 per cent after the government announced reduction in the corporation tax rates.

How corporation tax cut has made rupee carry trade more lucrative

Going long on the rupee with borrowed dollars offered the best returns in the past month in Asia

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