Search For "corporate tax"
Delhi: FM Nirmala Sitharaman to meet secretaries, financial advisors of ke
Updated : 6 years, 6 months ago IST
New Delhi [India], Sept 27 (ANI): Union Finance Minister Nirmala Sitharaman will hold a meeting in Delhi with secretaries and financial advisors of key selected ministries to review the total CapEx by the ministries in 2019-20 on Friday.
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Tax cuts may bolster growth eventually but fiscal impact comes sooner: Fit
Updated : 6 years, 6 months ago IST
Hong Kong, Sep 26 (ANI): India's corporate tax cuts support efforts to stimulate investment and GDP growth in the medium term but will cause the fiscal deficit to widen in the near term, Fitch Ratings said on Thursday.
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Disinvestment profits can be used for limiting fiscal deficit to 3.5 pc: A
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 25 (ANI): Acuite Ratings on Wednesday said there is still a significant scope to limit India's fiscal deficit to 3.5 to 3.6 per cent if the government gives high priority to disinvestment and there is a sustainable revival in consumption and market sentiment
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Indian economy to grow 6.5 pc in FY19, 7.2 pc in FY20: ADB
Updated : 6 years, 6 months ago IST
Tokyo [Japan], Sep 25 (ANI): The Asian Development Bank (ADB) has revised its outlook for India's economy with growth now expected at 6.5 per cent in fiscal year (FY) 2019, following weaker expansion in the first quarter of the year with slower growth in consumption and investment affecting
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Maruti Suzuki cuts price of select models by Rs 5,000 to revive demand
Updated : 6 years, 6 months ago IST
New Delhi [India], Sep 25 (ANI): Welcoming the government's initiative to revive demand in the automobile industry, Maruti Suzuki India on Wednesday announced to proactively and voluntarily share the benefits of corporate tax reduction with its customers.
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Corporate tax cuts would invite FDI: Tripura CM Biplab Kumar Deb
Updated : 6 years, 6 months ago IST
Agartala (Tripura) [India], Sept 24 (ANI): Chief Minister Biplab Kumar Deb on Tuesday hailed the Centre's decision to slash corporate tax rates and said the decision would attract huge foreign investments into the country.
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India must aim to attract largest FDI share in the world: Prasad
Updated : 6 years, 6 months ago IST
New Delhi [India], Sep 24 (ANI): India ranks as the second-largest telecommunications market globally and is on the cusp of a transformational change which will require more foreign direct investments (FDIs), Minister of Communications Ravi Shankar Prasad said on Tuesday.
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Slashing corporate tax rates a bold measure: RBI Governor Das
Updated : 6 years, 6 months ago IST
New Delhi [India], Sep 24 (ANI): The government's recent decision to cut corporate tax rates is a bold measure and augurs well for the economy, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday.
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Equities in the green after two days of strong rally, Reliance gains by 3
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 24 (ANI): Equity gauges swung wildly but were largely flat during early hours on Tuesday after two days of strong gains following the government's announcement on lowering of corporate taxes to revive economic growth and boost investments.
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Sensex jumps 1,075 points as heavy buying continues after corporate rate c
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sept 23 (ANI): Heavy buying by foreign institutional investors (FIIs) and domestic traders pushed up equity benchmark indices further on Monday after the corporate tax cut announced by the government last weekend.
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Corporate tax cuts to immensely benefit Mumbai, Maharashtra: Devendra Fadn
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sept 23 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Monday said the Union government's decision to cut corporate tax rates will immensely benefit Mumbai as it contributes 35 per cent of the total corporate tax collections in the country.
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Impact of new GST rates for caffeinated drinks to be minimal: Varun Bevera
Updated : 6 years, 6 months ago IST
Gurugram (Haryana) [India], Sep 23 (ANI): Varun Beverages Ltd (VBL), a key player in beverage industry and one of the largest franchisee of PepsiCo worldwide, said on Monday that the effect of increase in Goods and Services Tax (GST) for caffeinated drinks is going to be minimal.
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