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PTI
September 20, 2019



BusinessToday.In
September 20, 2019
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.\"


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


BusinessToday.In
New Delhi, September 20, 2019
Corporate tax cut: Rahul Gandhi further said that no event can hide the economic mess that India has landed in.


PTI
September 20, 2019
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.


BusinessToday.In
September 20, 2019
Corporate tax cut: Hailing the move as a \"historic\" step, PM Modi took to twitter to praise the tax cut and said that the announcements made in last few weeks manifest the government's resolve to create more jobs, make India a better place to do business as well as give the much needed impetus to its Make in India programme.


PTI
September 20, 2019



BusinessToday.In
New Delhi, September 20, 2019
GST Council meeting: \"Several decisions have been taken in order to promote tourism,\" FM Nirmala Sitharaman stated before announcing rate cuts on hotel bills


BusinessToday.In
New Delhi, September 20, 2019
PM can now say he has come to Texas promising lower Taxes, says Jairam Ramesh. \"Is this his 'Trump card'?\" he asks


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
September 20, 2019
FM's announcements cheered the investors taking market capitalisation of BSE to 144.72 lakh crore from 138.54 lakh crore on Thursday, a gain of 5.28% or Rs 7.31 lakh crore within minutes


PTI
September 20, 2019



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.


PTI
September 20, 2019



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%


PTI
September 20, 2019



PTI
September 20, 2019



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.


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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