Combined revenues of 410 firms declined 6%, while profit before tax fell 35%
The tax cut in September last year had resulted in a 10% increase in the post-tax profits of index companies
If an MNC wants to invest in India, the company structure seems attractive. For Indian promoters, LLPs still appear to be a better option
Tax rate cuts, job creation measures expected: BS POLL
Invest India demands accommodating companies set up a few months earlier
'The government's decision to reduce corporation tax rate to 17% for new companies is faulty', said Hiranandani
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 Centre's fiscal deficit has crossed the Budget FY20 projection of Rs 7.04 trillion by October itself
The Upper House passed the legislation without any changes
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
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
Software development, book printing, mining, conversion of marble blocks and bottling of gas into cylinders are excluded from the definition of manufacturing
In absolute terms, around 300,000 companies are now at the 22% rate, against the earlier 25-30% earlier
Tax cut helps, but India Inc's revenue growth falters
Sensex gained 12% while Nifty ended up 10% despite challenges such as the trade war andtrade war and economic slowdown
Pre-tax profit is up 20.7%, net up 15%; top-line growth lowest in 3 years
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
Look beyond large corporations and release the growth potential of farmers and small entrepreneurs
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