Updated : 2 days, 9 hours ago IST
New Delhi [India], Dec 5 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday said that slashing the rate of corporate tax was a good reform and the NDA government in its second term was seeking to bring better changes in the country.
Updated : 5 days, 9 hours ago IST
New Delhi [India], Dec 2 (ANI): Trinamool Congress (TMC) MP Mahua Moitra on Monday said that the Central government's proposed corporate tax cut will only help the profitable become more profitable and will not do anything to revive the struggling economy.
Updated : 5 days, 10 hours ago IST
New Delhi [India], Dec 2 (ANI): The Lok Sabha on Monday passed the Bill that provides for inserting a new provision in the Income Tax Act that a company may opt to pay tax at 22 per cent if does not claim any incentive or deduction.
Updated : 5 days, 11 hours ago IST
New Delhi [India], Dec 2 (ANI): Leader of Congress in the Lok Sabha Adhir Ranjan Chowdhury on Monday took a dig at Union Finance Minister Nirmala Sitharaman by using the term 'Nirbala' (powerless) to address her.
Updated : 5 days, 16 hours ago IST
New Delhi [India], Dec 2 (ANI): Finance Minister Nirmala Sitharaman said on Monday that the government's move to reduce corporate tax has had a "positive impact" and companies wanted to get out of China due to trade war with the US.
Updated : 2 weeks, 4 days 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.
Updated : 3 weeks, 3 days ago IST
Gurugram (Haryana) [India], Nov 13 (ANI): Government-owned RITES Ltd said on Wednesday that recent cut in corporate tax rates helped boost its standalone operational profit after tax of Rs 233 crore in the second fiscal quarter, up 115 per cent from Rs 108 crore in the corresponding period o
Updated : 1 month, 1 week 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.
Updated : 1 month, 2 weeks ago IST
Mumbai (Maharashtra) [India], Oct 19 (ANI): L&T Finance Holdings (LTFH), a diversified non-banking financial company, has posted nearly 68.92 per cent drop in its net profit at Rs 174 crore for the July to September quarter compared to Rs 559 crore in the same quarter of last year.
Updated : 1 month, 4 weeks 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.
Updated : 2 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.
New Delhi [India], Oct 4 (ANI): Reduction of interest rate by 0.25 per cent by the Reserve Bank of India (RBI) and the accompanying dovish statement keeps the door open for future reductions to revive economic growth amid volatile global trade, experts said on Friday.