tax rate
GST slashed on COVID-19, black fungus medicines; 5% tax retained on vaccines
The reduced tax rates were based on a recommendation of a group of ministers, headed by Meghalaya Deputy Chief Minister Conrad Sangma
Govt unlikely to go for income tax cut due to fiscal stress
The share of direct taxes to India's total tax revenues peaked at 61 per cent in 2009-10
Cos opting for new lower tax can't claim MAT credit, other deductions: CBDT
The section does not provide any timeline for companies to opt for the new regime of lower tax rate.
Modi's big tax cut unlikely to spur job bonanza in India
India’s unemployment rate reached 8.19 pc in Aug, up from 6.27 pc in the same month last year.
Impact of new GST rates for caffeinated drinks to be minimal: Varun Beverages
The GST Council raised tax on caffeinated beverages from 12 per cent to 28 per cent and imposed a 12 per cent cess.
Govt says no plans to revise fiscal deficit target or cut spending now
Govt cut corporate tax rates in a surprise move designed to woo manufacturers, revive private investment and lift growth from a 6-year low.
Banking, FMCG to benefit from corp tax cut; pharma, IT to remain untouched: Report
The immediate benefit is increased cash flows to corporate India.
Reduction in corporate tax rates, expert says move to arrest slowdown
Govt slashed the income tax rate for companies by almost 10 percentage points to 25.17 per cent.
Corporate tax cut positive but growth faces headwinds: Moody's
On Friday, the Centre announced a reduction in the base corporation tax rate to 22 per cent from 30 per cent.
Auto industry has to find its own balance to enhance demand: SIAM
At present, 60 per cent of auto components are taxed at 18 per cent.