Thursday, Mar 28, 2024 | Last Update : 09:38 PM IST

corporate tax

Net Direct Tax Collection Surges by 19%

The government has budgeted to collect Rs 18.23 lakh crore from direct taxes, 9.75% higher than Rs 16.61 lakh crore mopped up last fiscal

12 Jan 2024 3:10 AM

Centre sets big Income Tax targets despite tense economic situation

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

Direct taxes down by nearly Rs 1 lakh crore

Tax collections fall short of annual target by nearly Rs 4 lakh crore

01 Apr 2020 9:57 PM

Personal income tax reduction tops budget wish list

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

Centre to invest Rs 100 lakh crore in new infra projects to boost economy

PM Narendra Modi has taken various measures since 2014 to boost economic growth, including cutting the corporate tax.

01 Dec 2019 3:32 PM

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Cut in corporate tax rate important for investments: CEA Subramanian

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

'Positive impact on investment': IMF supports India's corporate tax cut

IMF said India should address continued fiscal consolidation and secure long-term stability of the fiscal conditions.

19 Oct 2019 8:46 AM

Cos opting for new lower tax can't claim MAT credit, other deductions: CBDT

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

FM to meet secretaries, financial advisors of key ministries today

The main agenda of this meeting is to discuss measures to revive the economy and push up investments.

27 Sep 2019 11:00 AM

All macros favouring India, companies should pass on tax cuts to consumers: Parekh

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

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Govt to take call on relief in income tax at appropriate time: Thakur

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

PM Modi urges global business leaders to invest in India

By reduction corporate tax govt creates a golden opportunity & promised more measures to improve business climate.

26 Sep 2019 9:41 AM

Modi's big tax cut unlikely to spur job bonanza in India

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

Corp tax cut makes India attractive destination for investment: Das

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 says no plans to revise fiscal deficit target or cut spending now

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

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Tax reform in driblets keeps the party going

Readers will recall the short history of corporate tax reductions under Modi 1.0.

23 Sep 2019 1:09 AM

Top 1,000 listed firms may see tax savings of Rs 37,000 cr post corp tax cut: CRISIL

The drop in tax rate would now bring India at par with most Asian economies, the report added.

22 Sep 2019 7:14 PM

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

The immediate benefit is increased cash flows to corporate India.

22 Sep 2019 2:23 PM

Reduction in corporate tax rates, expert says move to arrest slowdown

Govt slashed the income tax rate for companies by almost 10 percentage points to 25.17 per cent.

21 Sep 2019 2:01 PM

Corporate tax cut positive but growth faces headwinds: Moody's

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

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