Corporate Tax

The trajectories of corporate and minimum alternate tax do not reveal tax policy rationale

Experts attribute the higher payout to the change in dividend law and cut in corporate income tax.

Combined revenues of 410 firms declined 6%, while profit before tax fell 35%

Expediting refunds of up to Rs 5 lakh was announced as part of the government's policy initiative to tackle the economic impact of Covid.

These are extremely challenging times, and collective efforts by the government and industry would be required to bring the economy back on track

Only after business has stabilised and there is visibility ahead should companies look at paying their shareholders

Form 10-IC will have to be filed by the companies that wish to avail the beneficial rate of 22 per cent upon relinquishment of the exemptions/incentives offered under the Income Tax Act.

India Inc tax collections to fall 8% in FY20

The renewable energy sector is elated that the benefit will come to them, given no future pipeline of any thermal power projects

India's corporate tax structure is now globally competitive! Rates of 25 and 15 per cent are completely acceptable to international investors

Cook said Apple's belief that "law should not retrofitted" was at the heart of the case and that the company had great faith in the justice system.

"This year, there will be a realistic assessment of the nominal GDP," said a source.

The Telecom Department is current 'examining' the replies given by the state-owned non-telecom corporations on the Adjusted Gross Revenue (AGR) dues, a senior official said

Firm says probe was unanticipated as no prior tax demand notice was received, doesn't foresee adverse outcome; reinstates guidance of 8-10% revenue growth

From Unilever cutting sales to rise in financial frauds, here are the top 10 business headlines for the day

Net collection grows only 0.7% to Rs 6.75 trillion

The sunset clause for SEZ nearing - March 31, 2020 - and the IT industry has been a big beneficiary of the policy

The Nasscom has also sought that IT and BPO firms should not be treated as financial intermediaries for the goods and services tax (GST).

The measures announced by the finance minister will hit the exchequer by Rs 1.45 trillion a year

Arun Jaitley, as finance minister last year, had cut the corporate income tax rate to 25 per cent for companies with a turnover of up to Rs 250 crore