Corporate Tax Rate News

Videos

What financial planners think Budget 2020 should deliver | Why Not Mint Money

In the upcoming Budget 2020, expectation of tax payers and investors from the government on the personal tax front is high especially given the economic slowdown and recent cuts in corporate tax rates. Here is what financial planners wish government should do.

28 Jan 2020
Opinion

Opinion | Why higher taxes are not the way to better welfare in India

Unlike in the West, conditions in the country are not suitable for soak-the-rich policies to succeed

4 min read22 Oct 2019
News

RBI to pick up slack as India stimulus measures to fall short: economists

RBI expected to cut its repo rate by 25 basis points on FridayBut nearly 60% of around 50 economists said stimulus measures were unlikely to have a notable impact on economy

3 min read1 Oct 2019
Videos

Implications of tax rate cuts for consumer staples and banking sector

Last week the government announced 8 percentage point cut in corporate tax. Lower tax would mean that companies get to keep more profits with themselves for various purposes. Companies may pay higher dividend, pay off costly debt, invest in capacity or even pass on the benefits to customers by cutting prices of their products. Here, we discuss the impact on two sectors: consumer staples and banking.

24 Sep 2019
Auto News

Auto  sector  to  gain from tax cut, says ICRA

Given current weak demand conditions, OEMs are expected to pass on some benefits of the tax revision to end consumersThe reduction in corporate tax will also help improve the cash flow of manufacturers

1 min read23 Sep 2019
Opinion

Opinion | Sitharaman hits her stride with a big-bang mini budget for India Inc

FM Nirmala Sitharaman slashed corporate tax rates across the board —lowering it to 15% for companies incorporated after 1 October — sending the markets soaring by 1650 points — the highest one-day gain

2 min read20 Sep 2019
Politics

Govt cuts corporate tax rate to 22%, relief on buyback tax

The finance ministry lowered the corporate tax rate to 22% for firms that do not avail tax incentives. New manufacturing companies will have to pay an even lower corporate tax rate of 15%Listed companies announcing share buybacks before 5 July to be exempt from buyback tax

2 min read20 Sep 2019
Politics

HUL’s Sanjiv Mehta pitches for reducing corporate tax rate

Hindustan Unilever CMD Sanjiv Mehta Thursday pitched for reducing corporate tax rate and redressal of technical glitches and procedural matters of GST

2 min read13 Dec 2018
Politics

New direct tax code won’t change income tax slabs, rates

The new direct tax code will focus of making the Income Tax Act simpler and less prone to litigation

3 min read3 Dec 2018
Politics

Corporate tax cuts when income tax collections rise, says Hasmukh Adhia

Finance secretary Hasmukh Adhia says it is important to 'remove the unevenness' in tax collections, with the salaried class paying more tax than businessmen

1 min read6 Feb 2018
Load More

Popular Topics

Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles

ICICI Bank

Shares of ICICI Bank had a drop of -0.45% to Rs. 852.05 at closing today.

2 Articles