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Corporate Tax Rate

Q4 corporate earnings disappoint amid lockdown, point to worse quarters

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

Updated On: 08 Jun 2020 | 1:50 AM IST

Covid-19 crisis threatens to wipe out gains from corporation tax cut

The tax cut in September last year had resulted in a 10% increase in the post-tax profits of index companies

Updated On: 01 Jun 2020 | 1:27 AM IST

Have changes in tax rates for Indian companies taken the shine off LLPs?

If an MNC wants to invest in India, the company structure seems attractive. For Indian promoters, LLPs still appear to be a better option

Updated On: 23 Feb 2020 | 8:39 PM IST

From tax rate cuts to job creation, India Inc sees a populist Budget

Tax rate cuts, job creation measures expected: BS POLL

Updated On: 29 Jan 2020 | 3:14 AM IST

Budget 2020: 15% tax for new units likely to stay for 2 more years

Invest India demands accommodating companies set up a few months earlier

Updated On: 17 Jan 2020 | 6:44 AM IST

NBFCs need to be incentivised to become banks, says Hiranandani Group MD

'The government's decision to reduce corporation tax rate to 17% for new companies is faulty', said Hiranandani

Updated On: 22 Dec 2019 | 11:24 PM IST

Advance corporation tax mop-up drops over 5% in Dec quarter to Rs 73,000 cr

Net collection grows only 0.7% to Rs 6.75 trillion

Updated On: 18 Dec 2019 | 2:45 AM IST

Budget 2020: IT firms want 15% corporate tax for services companies in SEZs

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

Updated On: 16 Dec 2019 | 10:26 PM IST

CII calls for GST cut, expansionary policy to pull economy out of slowdown

The Centre's fiscal deficit has crossed the Budget FY20 projection of Rs 7.04 trillion by October itself

Updated On: 07 Dec 2019 | 2:39 AM IST

RS okays Taxation Laws Amendment Bill, paves way for expediting growth

The Upper House passed the legislation without any changes

Updated On: 05 Dec 2019 | 9:32 PM IST

Corporate tax cut to boost investments; green shoots visible: Sitharaman

The finance minister said "people are approaching" the government for fresh investment which will help in generating more jobs as well as make India a manufacturing hub in the future

Updated On: 02 Dec 2019 | 10:42 PM IST

12 MNCs want to shift to India from China, take advantage of lower tax: FM

In a biggest reduction in 28 years, the government in September reduced corporate tax rate by almost 10 percentage points in a bid to give a boost to sagging economy

Updated On: 30 Nov 2019 | 10:20 PM IST

Govt lists activities that will not qualify for lower corporate tax scheme

Software development, book printing, mining, conversion of marble blocks and bottling of gas into cylinders are excluded from the definition of manufacturing

Updated On: 26 Nov 2019 | 2:29 AM IST

Despite unavailability of MAT credit, 60% of firms opt for lower tax regime

In absolute terms, around 300,000 companies are now at the 22% rate, against the earlier 25-30% earlier

Updated On: 04 Nov 2019 | 2:09 AM IST

Consumption blues

Tax cut helps, but India Inc's revenue growth falters

Updated On: 28 Oct 2019 | 11:28 PM IST

Corporate tax cut a consolation for benchmarks in volatile year

Sensex gained 12% while Nifty ended up 10% despite challenges such as the trade war andtrade war and economic slowdown

Updated On: 26 Oct 2019 | 11:31 PM IST

India Inc Q2 earnings start on positive note, tax rate cut boosts profit

Pre-tax profit is up 20.7%, net up 15%; top-line growth lowest in 3 years

Updated On: 24 Oct 2019 | 3:18 AM IST

Corporate tax rate cuts: Mutual funds use rally to offload winners

On an overall basis, fund houses pumped in Rs 11,000 crore into stocks during the month with the benchmark Nifty ending with 3.6 per cent gain

Updated On: 15 Oct 2019 | 11:04 PM IST

Restoring high growth

Look beyond large corporations and release the growth potential of farmers and small entrepreneurs

Updated On: 07 Oct 2019 | 11:14 PM IST

Doesn't make sense to let go MAT credits: Vedanta's Pallavi Joshi Bakhru

Pallavi Joshi Bakhru, group head taxation, Vedanta Limited, the metals-cum-mining conglomerate, explains why some large corporate groups may not avail of the lower tax rates anytime soon

Updated On: 06 Oct 2019 | 10:28 PM IST