Friday, Sep 17, 2021 | Last Update : 11:57 AM IST

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

13 Jun 2021 7:38 AM

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

30 Oct 2019 6:48 PM

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.

03 Oct 2019 9:18 AM

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.

26 Sep 2019 9:24 AM

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.

23 Sep 2019 2:59 PM

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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.

23 Sep 2019 10:58 AM

Banking, FMCG to benefit from corp tax cut; pharma, IT to remain untouched: Report

The immediate benefit is increased cash flows to corporate India.

22 Sep 2019 2:23 PM

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.

21 Sep 2019 2:01 PM

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.

21 Sep 2019 1:16 PM

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.

21 Sep 2019 12:17 PM

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

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 cut to give 'necessary fillip' to economy: Piyush Goyal

Corporate tax rate cut for companies by almost 10 percentage points to 25.17 per cent.

20 Sep 2019 2:14 PM

Industry, market cheer slashing of corporate tax rate

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

Govt slashes corporate tax to 25.17 per cent for domestic cos

The changes in the Income Tax Act and Finance Act will be made effective through an ordinance.

20 Sep 2019 11:15 AM

GST panel unlikely to favour tax rate cut for auto sector: sources

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

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Corporate tax for large companies to be gradually cut to 25 pc: Sitharaman

The ministry has decided to hold meetings of tax administrators across various Tier II cities in the country.

20 Aug 2019 8:43 AM

GST Council trims rate on electric vehicles, chargers to 5 per cent

The council also approved GST exemption for hiring of electric buses by local authorities.

27 Jul 2019 1:06 PM

Reduced tax rate for real estate to bolster consumer sentiments: ICRA

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 regime led to better savings as tax rates came down

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

Sale of 'going concern' exempt from GST, says AAR

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

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