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Biz EOD: Corporate tax rate cut to 22% from 30%; India Inc welcomes 'bold move' and more stories
Catch top stories today from the world of business and economy with BusinessToday.In end of day (EOD) report
GST Council meet: No relief for ailing auto sector; hotels, catering get breather
No relief was announced for the auto sector despite a huge demand for a rate cut. The GST Council had said that such a move would lead to huge revenue hit for the states as well as the Centre
'GST, demonetisation helped in building an honest India,' says Piyush Goyal
India Today Conclave 2019: When asked why the corporate tax cuts were announced now, Piyush Goyal mentioned that these deep tax cuts have come after very serious deliberations.
GST Council meet: Soft drinks, caffeinated beverages to get more expensive
GST Council meet: On top of that 12 per cent of cess would be charged under the new Goods and Services Tax (GST) rules.
Nobody interferes with RBI's decision making, we have full autonomy, says Shaktikanta Das
"Government policies take time to play out and unfold. But at the RBI, the market reacts very fast when a Governor or a deputy governor says something. So the responsibility is far higher," said RBI Governor
Corporate tax cut 'credit positive', will boost net income of Indian firms: Moody's
Moody's said that the eventual impact of the corporate tax cut on credit profiles of Indian corporates will hinge on "whether they utilise the surplus earnings for reinvestment in business, debt reduction or high shareholder returns."
What does Reliance Jio Postpaid Plus plan offer?
Reliance Jio's intention with the new Postpaid Plus plan is to offer a better postpaid experience to the users by offering new value-added services
Chandrayaan 2: ISRO examines cause of communication failure with lander Vikram
Lander Vikram lost communication with ISRO's ground station on September 7 during its final descent on the moon at 2.1 kms above the lunar surface.
Rahul Gandhi calls Howdy Modi world's most expensive event with a price tag of Rs 1.4 lakh crore
Corporate tax cut: Rahul Gandhi further said that no event can hide the economic mess that India has landed in.
Gold prices decline by Rs 170 over stronger rupee post FM's announcements
Gold fell by Rs 170 to Rs 38,390 per 10 gram on Friday in the national capital on strong rupee which rallied after Finance Minister Nirmala Sitharaman announced corporate tax cut, according to HDFC Securities.