The target for corporate tax set at Rs 6.81 lakh crore, personal I-T Rs 6.25 lakh crore and security transaction tax Rs 13,000 crore
17 Apr 2020 9:48 AM
Tax collections fall short of annual target by nearly Rs 4 lakh crore
01 Apr 2020 9:57 PM
Any disappointment on market expectations is likely to trigger profit taking in the equity market, which has been trading at higher levels.
31 Jan 2020 1:40 AM
PM Narendra Modi has taken various measures since 2014 to boost economic growth, including cutting the corporate tax.
01 Dec 2019 3:32 PM
India's economy grew at 5 per cent in the first quarter of 2019-20 -- the slowest pace in over six years.
29 Nov 2019 12:12 PM
IMF said India should address continued fiscal consolidation and secure long-term stability of the fiscal conditions.
19 Oct 2019 8:46 AM
The section does not provide any timeline for companies to opt for the new regime of lower tax rate.
03 Oct 2019 9:18 AM
The main agenda of this meeting is to discuss measures to revive the economy and push up investments.
27 Sep 2019 11:00 AM
Our tax rates have become very competitive with government's move to lower corporate tax rates, said banker Deepak Parekh.
26 Sep 2019 5:17 PM
There has been a clamour for raising income tax exemption limit to push demand and consumption to boost economy.
26 Sep 2019 3:36 PM
By reduction corporate tax govt creates a golden opportunity & promised more measures to improve business climate.
26 Sep 2019 9:41 AM
India’s unemployment rate reached 8.19 pc in Aug, up from 6.27 pc in the same month last year.
26 Sep 2019 9:24 AM
Base corporate tax for existing companies has been reduced to 22 per cent from the current 30 per cent.
24 Sep 2019 2:40 PM
Govt cut corporate tax rates in a surprise move designed to woo manufacturers, revive private investment and lift growth from a 6-year low.
23 Sep 2019 10:58 AM
Readers will recall the short history of corporate tax reductions under Modi 1.0.
23 Sep 2019 1:09 AM
The drop in tax rate would now bring India at par with most Asian economies, the report added.
22 Sep 2019 7:14 PM
The immediate benefit is increased cash flows to corporate India.
22 Sep 2019 2:23 PM
Govt slashed the income tax rate for companies by almost 10 percentage points to 25.17 per cent.
21 Sep 2019 2:01 PM
On Friday, the Centre announced a reduction in the base corporation tax rate to 22 per cent from 30 per cent.
21 Sep 2019 1:16 PM
The Congress on Friday had termed the corporate tax cut a 'panic reaction' by the government.
21 Sep 2019 12:54 PM