Search For "corporate tax"
Lower rate of 25 pc corporate tax extended to companies with turnover up t
Updated : 6 years, 8 months ago IST
New Delhi [India], July 5(ANI) : The Union Budget 2019-20 on Friday proposed to extend the lower rate of 25 per cent corporate tax to all companies with annual turnover up to Rs 400 crore.
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Industry leaders call for massive infrastructure investments ahead of Unio
Updated : 6 years, 8 months ago IST
New Delhi [India], July 3 (ANI) : Industry leaders expect the Union Budget for 2019-20 to lower corporate taxes and spur investments for shoring up consumption levels and reversing the slowdown in economic growth.
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Direct tax collections fall short of Rs 82,000 crore in FY 19
Updated : 6 years, 10 months ago IST
New Delhi [India], May 7 (ANI): Direct tax collections fell short by Rs 82,000 crore at Rs 11.18 lakh crore during 2018-19 with lower corporate tax collection as one of the reasons.
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Corporate tax reduction subject to phasing out of exemptions: Jaitley
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb. 05 (ANI): Amid the numerous debates regarding the reduction of corporate income tax, Finance Minister Arun Jaitley said it would be possible only when exemptions phase out.
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Corporate tax may be cut if personal income tax grows: Adhia
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 5 (ANI): Finance Secretary Hasmukh Adhia on Monday said that the Government will bring down its corporate income tax rate, once they witness a surge in the personal income tax collections.
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Adhia backs decision to leave corporate tax untouched
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): Following the Centre's decision to levy 25 percent corporate tax for companies with Rs. 250 crore turnover, Finance Secretary Hasmukh Adhia on Thursday while backing this said the decision has been made keeping the welfare of the common man in mind.
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Congress dubs Budget '18 as 'eyewash'
Updated : 8 years, 1 month ago IST
New Deli [India], Feb 1 (ANI): The Congress Party on Tuesday said that the Union Budget 2018 is "misleading the people of the country".
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Budget 2018: Corporate income tax rate cut to 25 pct for companies
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): Finance Minister Arun Jaitley on Thursday proposed to cut the corporate income tax rate to 25 percent for companies with a turnover of up to Rs. 250 crore.
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Budget '18: E-commerce sector hopeful of corporate tax reduction
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 30 (ANI): With the presentation day of the Union Budget inching closer, the Indian e-commerce sector are hopeful of a reduction in corporate tax to provide them a much-needed impetus and tax relief.
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Budget '18: Citizens expecting corporate tax reduction, GDP growth
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 29 (ANI): Ahead of the presentation of this year's Union Budget on Thursday, a Deloitte survey revealed that the respondents are expecting a five percent reduction in the corporate tax rate.
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India Inc. suggests reduced MAT, increased medical reimbursement ceiling a
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 5 (ANI-NewsVoir): PHD Chamber of Commerce and Industry urged the Finance Ministry to not only bring down the corporate tax at committed ceiling of 25 percent but also sought drastic reduction in Minimum Alternate Tax (MAT), besides reiterating its demand for hike in me
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Economists push for fiscal consolidation, tax reforms in pre budget meet
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 11 (ANI): Leading economists of the country suggested a range of measures including those for fiscal consolidation, tax reforms, disinvestment of Public Sector Units (PSUs), lowering of corporate tax at the Pre Budget consultation meeting with the Union Finance Mini
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