Search For "corporate taxes"
Personal income tax collection overtakes corporate tax: Report
Updated : 9 months ago IST
Personal income tax collections have surpassed corporate taxes for the first time in India's history, signalling a structural shift in the country's direct tax architecture driven by formalisation, digitisation and stronger compliance, according to a report by JM Financial Institutional Secu
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Long-term reforms rather than short-term measures expected from the first
Updated : 1 year, 3 months ago IST
Later, in the first full budget of his second term in 2019 the focus shifted towards bolstering domestic manufacturing, advancing the Aatma-Nirbhar Bharat initiative, cutting corporate taxes, and promoting green energy, fuelling a surge in market capitalization, profitability of domestic cyc
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Income contraction of Corporate, Govt along with higher taxes on household
Updated : 1 year, 5 months ago IST
Urban demand witnessed a contraction in the second quarter of FY25 because of declining incomes in the corporate and government sectors coupled with an increasing tax burden on households, according to a report by Systematix Institutional Equities.
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Wall Street slumps at start of 2021, worries of higher taxes, COVID-19
Updated : 5 years, 4 months ago IST
New York [US], January 5 (ANI/Sputnik): Wall Street began 2021 with its worst loss since November as US stocks sold off on worries about the protracted coronavirus crisis and fears the incoming president Joe Biden might raise corporate taxes if the Democrat party wins control of the Senate a
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CBDT issues refund of over Rs 1,29,190 cr to more than 39.49 lakh taxpayer
Updated : 5 years, 6 months ago IST
New Delhi [India], November 4 (ANI): The Central Board of Direct Taxes (CBDT) has so far issued over Rs 1,29,190 crores in refunds to over 39.49 lakh taxpayers from April till November 3, stated the Income Tax Department on Wednesday.
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Indian economy to shrink 4.7 pc in FY21, inflation likely at 5 pc: Motilal
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 12 (ANI): India's real and nominal GDP could contract by 4.7 and 3.5 per cent this year due to the Covid-19 crisis, Motilal Oswal Financial Services Ltd (MOFSL) said on Friday.
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World Bank president praises India's decision to slash corporate taxes
Updated : 6 years, 7 months ago IST
New Delhi [India], Oct 26 (ANI): World Bank President David Malpass on Saturday appreciated the government's decision to slash corporate tax and said the move will help in the further growth of the economy.
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Reduction in repo rate to benefit people, industry: Javadekar
Updated : 6 years, 7 months ago IST
Lucknow (Uttar Pradesh) [India], Oct 5 (ANI): Hailing the Reserve Bank of India's (RBI's) decision to cut repo rate, Union Minister for Information and Broadcasting Prakash Javadekar said on Saturday that the government has asked banks to transmit accruing benefits to loan borrowers.
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Disinvestment profits can be used for limiting fiscal deficit to 3.5 pc: A
Updated : 6 years, 8 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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Equities in the green after two days of strong rally, Reliance gains by 3
Updated : 6 years, 8 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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Corporate tax reliefs are one of the biggest reforms ever: CII
Updated : 6 years, 8 months ago IST
New Delhi [India], Sep 20 (ANI): The Confederation of Indian Industry (CII) said on Friday that drastic reduction in corporate taxes is a huge game-changer for the economy and a decisive announcement for awakening animal spirits of investors.
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Sensex zooms over 2,000 points after government announces fiscal measures
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Sept 20 (ANI): Equity indices surged by over 5 per cent to record highs as Finance Minister Nirmala Sitharaman slashed corporate taxes and announced a Rs 1.45 lakh crore stimulus to shore up growth and investments.
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