Search For "corporate tax"
Corporate tax cut won't do anything to revive struggling economy: TMC MP M
Updated : 2 years, 6 months 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.
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Lok Sabha passes Taxation Laws (Amendment) Bill, 2019
Updated : 2 years, 6 months 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.
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Adhir Ranjan Chowdhury takes a dig at Finance Minister Sitharaman
Updated : 2 years, 6 months 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.
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Positive impact of government's move to reduce corporate tax: Sitharaman
Updated : 2 years, 6 months 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.
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Weak H1 corporate earnings reflect overall economic slowdown: Care Ratings
Updated : 2 years, 7 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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RITES Q2 net profit jumps 115 per cent to Rs 233 crore on corporate rate c
Updated : 2 years, 7 months 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
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Yes Bank reports Q2 loss at Rs 600 crore on tax hit while asset quality wo
Updated : 2 years, 8 months ago IST
Mumbai (Maharashtra) [India], Nov 1 (ANI): Private sector lender Yes Bank on Friday reported a whopping loss of Rs 600 crore in the second quarter of current fiscal year (Q2 FY20) due to a one-off deferred tax asset (DTA) adjustment of Rs 709 crore on account of change in corporate tax ra
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World Bank president praises India's decision to slash corporate taxes
Updated : 2 years, 8 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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PM Modi meets USISPF members, highlights steps taken to improve ease of do
Updated : 2 years, 8 months ago IST
New Delhi [India], Oct 21 (ANI): Prime Minister Narendra Modi on Monday highlighted the steps taken by his government to improve the ease of doing business in the country including the reduction of corporate tax and labour reforms during his meeting with members of US India Strategic Part
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Winter session of Parliament to begin on Nov 18
Updated : 2 years, 8 months ago IST
New Delhi [India], Oct 21 (ANI): The winter session of Parliament will commence from November 18 with the government expected to take forward its legislative agenda that includes replacing two ordinances on -- corporate tax rate cuts and e-cigarettes and e-hookahs -- with bills.
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L&T Finance Holdings Q2 profit falls 69 pc to Rs 174 crore
Updated : 2 years, 8 months 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. Read More
India's weaker growth outlook dampens prospects for fiscal consolidation:
Updated : 2 years, 8 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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