Friday, Dec 09, 2022 | Last Update : 01:50 AM IST

corporate tax Page-2

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

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

21 Sep 2019 9:49 AM

Rupee rallies, but bond yields spike

The rupee settled 37 paise higher against the dollar at 70.94

21 Sep 2019 2:53 AM

Corporate tax cut cheers Auto Inc

Move may spur demand for contract manufacturing.

21 Sep 2019 2:52 AM

Speculation rife on possible income tax cut for individuals

After a cut in the corporate tax, speculation around an income tax cut for individual taxpayers is rife.

21 Sep 2019 2:49 AM

Corporate taxes slashed, Sensex zooms 1,921 points

Modi 2.0’s ‘big bang’ reform raises hopes of jobs, growth.

21 Sep 2019 1:12 AM


Corporate tax cut to give 'necessary fillip' to economy: Piyush Goyal

Corporate tax rate cut for companies by almost 10 percentage points to 25.17 per cent.

20 Sep 2019 2:14 PM

Corporate tax cut to give 'necessary fillip' to economy: Piyush Goyal

The minister is hopeful that businesses will be able to take benefit of these measures to spur growth.

20 Sep 2019 1:28 PM

Industry, market cheer slashing of corporate tax rate

Corporate tax rate cut from 30 pc to 25.2 pc to spur growth- this is a great move which will firmly revive growth and investment.

20 Sep 2019 1:21 PM

RBI expects growth to pick up from Q2 on govt spending

Governor also welcomed the government announcement in the morning to slash corporate tax across the board.

20 Sep 2019 1:07 PM

Govt slashes corporate tax to 25.17 per cent for domestic cos

The changes in the Income Tax Act and Finance Act will be made effective through an ordinance.

20 Sep 2019 11:15 AM


Corporate tax rates slashed for domestic companies, announces Sitharaman

After the announcement, markets immediately rose with Sensex surging over 1000 points and Nifty climbing above 11,067 mark.

20 Sep 2019 10:58 AM

Markets to remain cautious in near-term

The S&P BSE Mid-Cap Index fell 1.32 per cent, while the S&P BSE Small-Cap Index plunged 1.43 per cent.

22 Aug 2019 3:34 AM

Corporate tax for large companies to be gradually cut to 25 pc: Sitharaman

The ministry has decided to hold meetings of tax administrators across various Tier II cities in the country.

20 Aug 2019 8:43 AM

FM says corporate tax for cos to be cut gradually

Corporate tax rate for companies with over Rs 400 crore turnover will be gradually cut to 25 pc, said FM Nirmala Sitharaman.

19 Aug 2019 7:31 PM

Budget 2019: Firms with turnover of Rs 400 cr to pay lower 25 pc corporate tax

Only 0.7 per cent of the companies will now remain outside the 25 per cent corporate tax bracket, says Sitharaman.

05 Jul 2019 1:26 PM


Bring down corporate tax to 18 per cent sans exemptions: CII

Government has already reduced corporate tax to 25 per cent for companies having turnover of less than Rs 250 crore.

11 Jun 2019 6:47 PM

Govt has promised to lower corporate tax to 25 pc as GST revenue rises: Ficci

In the 2015-16 budget, govt had announced that corporate tax rate would be gradually lowered to 25% from 30% over next four years.

05 Mar 2019 4:00 PM

Corporate tax may be cut to 25 per cent for turnover up to Rs 500 cr

Companies above Rs 250 crore turnover currently pay a basic corporate tax rate of 30 per cent.

16 Jan 2019 11:18 AM

Direct tax mop up rises 14.1 pc to Rs 8.74 lakh cr in Apr-Dec 2018

The gross collections for corporate tax is 14.8 per cent while that for personal income tax is 17.2 per cent.

07 Jan 2019 1:06 PM

LTCG tax, other Budget proposals to kick in from April 1

Presently, no tax is applicable on Rs 19,200 of transport allowance and medical expenditure of up to Rs 15,000.

30 Mar 2018 1:34 PM