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Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

US corporate sector hails India's move to slash income tax rate for...

Government slashed the income tax rate for companies by almost 10 percentage points to 25.17 per cent.

21 Sept 2019 9:49 AM IST

Ashmore, who specializes in traditional craft of weaving, is famous for her seminal book Muslin published by V&A Books, London, which is a comprehensive and enlightening account on the history of fabled muslins.

Call to keep alive dying tradition of weaving muslin

Ashmore was a V&A Research Fellow for several years, helping to catalogue a large part of the museum's South Asian...

21 Sept 2019 3:00 AM IST

Shaktikanta Das

RBI is fully autonomous, but govt is sovereign: Shaktikanta Das

Das added that the future rate cuts would depend on the incoming data.

21 Sept 2019 2:58 AM IST

Finance Minister Nirmala Sitharaman. (Photo: ANI)

Now CSR funds can be spent on incubators and universities

According to Mohammad Azhar, Program Leader, INVENT at Villgro, it is a welcoming step to go from 'good to great'.

21 Sept 2019 2:56 AM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

11150 zone likely to act as near-term support

The rally was broad based with Mid-Cap Index rose 6.28 per cent and the Small-Cap Index rose 3.94 per cent.

21 Sept 2019 2:54 AM IST

The rupee fell against the dollar as the greenback strengthened post Fridays upbeat US non-farm payroll data.

Rupee rallies, but bond yields spike

The rupee settled 37 paise higher against the dollar at 70.94

21 Sept 2019 2:53 AM IST

Wadhera emphasised that these are indeed landmark announcements and would certainly help in reviving growth in the economy.

Corporate tax cut cheers Auto Inc

Move may spur demand for contract manufacturing.

21 Sept 2019 2:52 AM IST

India is among those few countries with high income tax rates for individuals, despite being a laggard in terms of revenue collection due to a smaller taxpayer base.

Speculation rife on possible income tax cut for individuals

After a cut in the corporate tax, speculation around an income tax cut for individual taxpayers is rife.

21 Sept 2019 2:49 AM IST

The GST rate on cups, plates made from flowers, leaves and bark also has been reduced to nil.

GST Council leaves auto, biscuits untouched, slaps more levy on colas

The GST Council has decided to reduce rates on outdoor catering to 5 per cent without input tax credit.

21 Sept 2019 2:47 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Market turns bullish on tax cut, Sensex vaults 1921 points

The biggest gain for the Sensex was 2,111 points rise on May 18, 2009.

21 Sept 2019 2:45 AM IST

Bombay Stock Exchange

Sensex ends over 1900 points, biggest single session gain in last 10...

Sensex surges 1,921.15 points to end at 38,014.62; Nifty zooms past 11,200.

20 Sept 2019 3:49 PM IST

Seized gold biscuits. (Photo: ANI)

Gold falls by Rs 170 as rupee rallies on FM's announcements

Gold is trading at Rs 38,390 per 10 gram after Finance Minister Nirmala Sitharaman announced corporate tax cut.

20 Sept 2019 3:22 PM IST