Search For "tax cut"
Weak H1 corporate earnings reflect overall economic slowdown: Care Ratings
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Nov 19 (ANI): Care Ratings said on Tuesday that the first half of current fiscal (H1 FY20) shows that corporate earnings have been weak indicative of an overall slowdown in various industries and the economy.
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India's weaker growth outlook dampens prospects for fiscal consolidation:
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Oct 10 (ANI): India is experiencing a pronounced slowdown in economic growth which Moody's Investors Service has assessed to be partly related to long-lasting factors.
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Corporate tax cut a positive for power sector: ICRA
Updated : 6 years, 8 months ago IST
New Delhi [India], Sep 30 (ANI): The recent announcement by the government to lower the corporate tax rate is a positive development for the power sector as it will allow power generators with cost-plus power purchase agreements (PPAs) to pass on lower tax benefit to power distribution utili
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Tax cuts may bolster growth eventually but fiscal impact comes sooner: Fit
Updated : 6 years, 8 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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Indian economy to grow 6.5 pc in FY19, 7.2 pc in FY20: ADB
Updated : 6 years, 8 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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Corporate tax cuts would invite FDI: Tripura CM Biplab Kumar Deb
Updated : 6 years, 8 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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Sensex jumps 1,075 points as heavy buying continues after corporate rate c
Updated : 6 years, 8 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, 8 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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Sensex jumps over 1,400 points, hotel stocks gain after GST rationalisatio
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Sep 23 (ANI): The rally on D-Street continued on Monday afternoon with heavy buying by foreign institutional investors (FIIs) and domestic traders after the government on Friday announced a rejig of corporate tax cuts to shore up investments and growth.
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Equity indices extend Friday's rally but IT stocks lose
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Sep 23 (ANI): The rally on bourses continued during early hours on Monday with heavy buying by foreign institutional investors (FIIs) as well as domestic traders after the government on Friday announced big-bang fiscal stimulus on corporate tax cuts.
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Corporate tax cuts will take India forward on the path of progress: Piyush
Updated : 6 years, 8 months ago IST
Dubai [UAE], Sept 21 (ANI): Union Commerce and Industry minister Piyush Goyal on Saturday hailed the Central government's decision to reduce the base corporate tax rate to 22 per cent from 30 per cent as part of stimulus measures to revive slowing economic growth.
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EAC-PM says tax rate measures path-breaking, will boost growth
Updated : 6 years, 8 months ago IST
New Delhi [India], Sept 20 (ANI): The Economic Advisory Council to Prime Minister (EAC-PM) on Friday said that the measures announced by Finance Minister Nirmala Sitharaman, including a reduction in corporate tax, were path-breaking which will boost investment, enhance growth and help the co
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