Page 2 - Corporate Tax

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

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

Corporate tax cuts and growth

Reduced rates will have little impact in the short run, but could have a significant positive impact on growth in the medium term

Stock mkt more polarised after tax cut; 91% of gains cornered by 13 firms

RIL, HDFC Bank account for 32.4% of total BSE 500 m-cap gains since the cut in tax; 91% of gains cornered by 13 firms

Effective tax rates applicable to Indian firms still among the highest

Effective tax rates applicable to companies in India are still among the highest if one includes taxation on dividends and other means of returning surplus cash to promoters and shareholders

Homebuyers unlikely to gain from reduction in corporation tax rates

Property developers are unlikely to pass on any benefit to homebuyers in the form of price cuts

Can India end the exemption raj in personal income tax system as well?

In the process, the corporation tax system would also become more transparent, with reduced scope for litigation and discretion

Double tax relief expands room for growth of hotel firms; stocks rise

While lower GST would push occupancy and thereby aid room rates, lower corporate tax rate should add to earnings

DTC panel suggestion on corporation tax different from FM's formula

The panel, headed by central board of direct taxes (CBDT) member Akhilesh Ranjan, also recommended 25 per cent corporation tax rate for companies, but without surcharges and cess

A 10% jump for India Inc earnings after Modi govt cut taxes, say analysts

The surprise reduction in corporate tax drove a 5.3 per cent surge in the S&P BSE Sensex Index to 38,014.62 on Friday, its biggest gain since May 2009

Govt's decision to cut corporation tax likely to impact power bill

The source of power, renewable or non-renewable, and the nature of the market, regulated or merchant, will be a factor in deciding whether the cost would go down

Corporation tax cut: Bond yields may harden, rupee likely to remain stable

The liquidity framework is expected to make rate management conditioned on the prevailing liquidity in the system

No plans to revise fiscal deficit target or cut spending now: Sitharaman

The government cut corporate tax rates on Friday in a surprise move designed to woo manufacturers, revive private investment and lift growth from a six-year low.

FM's boosters seen as positive but insufficient to perk up manufacturing

Market experts hail decisions, saying these would certainly act as a force multiplier for India's flagging economic engine, as well its position as one of the most attractive business destinations

Here's what India can learn about tax cuts from the American experience

Finance Minister Nirmala Sitharaman is betting that local firms will pass on the corporate tax cuts to customers in the form of lower prices to stimulate demand

Corporate tax giveaway to have little impact on fiscal goals: Niti Aayog

Many analysts have predicted fiscal deficit overshooting by at least 70 bps to 4.1 per cent given the quantum of the giveaways

Best of BS Opinion: Corporate tax bonanza, Modi vs economy, and more

Here's a selection of Business Standard opinion pieces for the day

Diwali comes early for companies as FM offers tax cuts to lift up economy

The measures are to boost investment and manufacturing under the Make in India initiative

Corporate tax cut to boost manufacturing; unutilised capacity a concern

Industry stakeholders said the lower tax payable would now mean more liquidity in the books of companies, which should reflect in higher investment

India Inc hails tax cuts, says move will boost investments, spur demand

MNCs may relocate new factories to India as tax cut to 15% for new factories