India is now much better than China in terms of rate, transparency, and tax administration so companies can now look at India for setting up new units, says the FM

In a major fiscal booster, the government on September 20 slashed effective corporate tax to 25.17 percent, inclusive of all cess and surcharges for domestic companies

According to latest depositories data, foreign portfolio investors (FPI) withdrew a net amount of Rs 5,577.99 crore from equities while infusing Rs 1,384.81 crore into the debt segment

The immediate benefit of corporate tax cut is increased cash flows to corporate India that will be either channelised into debt reduction or incremental investments in increasing capacity

S-Presso is Maruti Suzuki's indigenously developed, conceived, and a designed vehicle that will be sold from the Arena dealership channel of the company. This would be the second product after Vitara Brezza (a compact SUV) to be designed and developed in India

Adi Godrej, Chairman, Godrej Group welcomed the government's corporate tax cut but said that the tax reduction will not leave so much with the companies to deeply slash prices

Kant's comments came in the backdrop of corporate tax cuts announced by the Centre on Friday

Speaking at the India Today Conclave 2019, Niranjan Hiranandani said that the government's move to lower the corporate tax will help restrict the downslide in the Indian economy

Rajiv Kumar said that the Modi government has planned to divest stakes in 24 companies to raise Rs 1.3 lakh crore which will help in bridging the budget deficit that arose out of corporate tax cut

The RBI under Governor Shaktikanta Das has already cut the repo rate by 110 basis points since January this year. There are expectations of yet another 25 basis points cut in lending rate in the next bi-monthly monetary policy meet

The GST Council on September 20 took an in principle decision to link Aadhaar with registration of taxpayers under GST and also examine the possibility of making the 12-digit unique identification number mandatory for claiming refunds.

The government on September 20 slashed corporate tax rates for companies by almost 10% points to 25.17% and offered a lower rate to 17.01% for new manufacturing firms to boost economic growth rate from a six-year low by incentivising investments to help create jobs.

The government slashed the income tax rate for companies by almost 10 percentage points to 25.17 per cent and offered a lower rate to 17.01 per cent for new manufacturing firms to boost economic growth rate from a six-year low by incentivising investments to help create jobs.

The government slashed corporate taxes on Friday, giving a surprise $20.5 billion break aimed at reviving private investment and lifting growth from a six-year low that has caused job losses and fuelled discontent