The reduced tax rates were based on a recommendation of a group of ministers, headed by Meghalaya Deputy Chief Minister Conrad Sangma
13 Jun 2021 7:38 AM
The share of direct taxes to India's total tax revenues peaked at 61 per cent in 2009-10
30 Oct 2019 6:48 PM
The section does not provide any timeline for companies to opt for the new regime of lower tax rate.
03 Oct 2019 9:18 AM
India’s unemployment rate reached 8.19 pc in Aug, up from 6.27 pc in the same month last year.
26 Sep 2019 9:24 AM
The GST Council raised tax on caffeinated beverages from 12 per cent to 28 per cent and imposed a 12 per cent cess.
23 Sep 2019 2:59 PM
Govt cut corporate tax rates in a surprise move designed to woo manufacturers, revive private investment and lift growth from a 6-year low.
23 Sep 2019 10:58 AM
The immediate benefit is increased cash flows to corporate India.
22 Sep 2019 2:23 PM
Govt slashed the income tax rate for companies by almost 10 percentage points to 25.17 per cent.
21 Sep 2019 2:01 PM
On Friday, the Centre announced a reduction in the base corporation tax rate to 22 per cent from 30 per cent.
21 Sep 2019 1:16 PM
At present, 60 per cent of auto components are taxed at 18 per cent.
21 Sep 2019 12:17 PM
Government slashed the income tax rate for companies by almost 10 percentage points to 25.17 per cent.
21 Sep 2019 9:49 AM
Corporate tax rate cut for companies by almost 10 percentage points to 25.17 per cent.
20 Sep 2019 2:14 PM
Corporate tax rate cut from 30 pc to 25.2 pc to spur growth- this is a great move which will firmly revive growth and investment.
20 Sep 2019 1:21 PM
The changes in the Income Tax Act and Finance Act will be made effective through an ordinance.
20 Sep 2019 11:15 AM
Total annual revenue loss could be as much as 500 bn rupees if the panel decided to lower tax rates for auto sector to 18 pc from 28 pc.
18 Sep 2019 8:58 AM
The ministry has decided to hold meetings of tax administrators across various Tier II cities in the country.
20 Aug 2019 8:43 AM
The council also approved GST exemption for hiring of electric buses by local authorities.
27 Jul 2019 1:06 PM
GST Council in its meeting recommended reduction in GST rate on under-construction residential properties to 1 per cent.
27 Feb 2019 10:24 AM
GST rates have been lowered on an array of commonly used goods and services which resulted in monthly savings for consumers.
17 Dec 2018 10:16 AM
Any transfer of a going concern constitutes a 'supply of service' and 'nil' tax rate will apply on it.
28 May 2018 7:44 PM