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Ajita Shashidhar
September 20, 2019
The festival period usually sees a 50 per cent spurt in sales and retailers stock anywhere between 35 per cent to 40 per cent excess inventory


BusinessToday.In
New Delhi, September 20, 2019
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.


Nevin John
September 20, 2019
During the festive season, auto companies may offer discounts of around 5 per cent or so, but in the long run, tax cuts are unlikely to keep the prices down as tax benefits are not fully passed on to consumers


Rashmi Pratap
Mumbai, September 20, 2019
The government has slashed basic corporate tax rate to 22 per cent from 30 per cent while for new manufacturing companies it has been cut down to 15 per cent from 25 per cent


PB Jayakumar
September 20, 2019
Speaking at the India Today Conclave in Mumbai, Gadkari said government has not slowed down the pace of infrastructure creation and gross domestic production (GDP) growth rates are sure to go up going forward


Anand Adhikari
September 20, 2019
\"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


PTI
September 20, 2019



BusinessToday.In
September 20, 2019
MAT is a tax provision reintroduced in 1997 in an attempt to bring zero-tax-high-profits companies into the income tax net. It is calculated on the basis of the book profits of a company, not its taxable income


PTI
September 20, 2019



Renu Yadav
September 20, 2019
\"It is a good time to buy your dream house because interest rates are at multi-year lows. After considering these tax deductions, the interest cost may come down even further,\" says Sudhir Kaushik, CFO, Taxspanner.com


BusinessToday.In
New Delhi, September 20, 2019
India Today Conclave 2019: Nitin Gadkari said that the kind of measure the PM Modi-helmed government is taking will help the country achieve the goal of USD 5 trillion economy.


Dipak Mondal
September 20, 2019
All these moves would cost the government exchequer Rs 1.45 lakh crore. The question though is if a significant part of this money would flow as investments in the short to medium term


BusinessToday.In
New Delhi, September 20, 2019
The GDP slipped to a six-year low of 5 per cent in the June quarter, forcing the government to announce a series of measures to reverse the ongoing slowdown. Speaking at the India Today Conclave 2019, RBI Governor Shaktikanta Das reacted to the fall in GDP growth. Watch the video for more.


BusinessToday.In
New Delhi, September 20, 2019
Corporate tax cut: Kiran Mazumdar Shaw said that the move will revive growth and investment, while Uday Kotak called it a bold and progressive step forward.


BusinessToday.In
New Delhi, September 20, 2019
Reserve Bank of India Governor Shaktikanta Das gave his first reaction to the corporate tax rate cut at the India Today Conclave in Mumbai. Das was speaking at the India Today Conclave when Finance Minister Nirmala Sitharaman made the announcement in Goa ahead of the GST Council meet.


BusinessToday.In
New Delhi, September 20, 2019
Corporate tax cut: The tax rate has been cut to 22 per cent from the existing 30 per cent. For new manufacturing companies, the existing tax rate of 25 per cent has been brought down to 15 per cent.


BusinessToday.In
New Delhi, September 20, 2019
The current corporate tax rate is 30%, which has been brought down to 22%. For new manufacturing companies the existing tax rate is 25% which has been brought down to 15%


BusinessToday.In
September 20, 2019
While Sensex closed 1,921 points or 5.32% higher at 38,014, Nifty ended 5.32% or 569 points higher at 11,274.


PTI
September 20, 2019
During the press meet, Rupani announced a major change in the solar policy for MSME units which would bring down the cost of electricity for such units


BusinessToday.In
September 20, 2019
FM Nirmala Sitharaman announced that effective corporate tax rate, inclusive of all surcharges and cess, for the domestic companies would be 25.17%, and that for new manufacturing companies would be 17%


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